The Natural Level of Capital Flows
收藏NBER2019-08-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w26184
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资源简介：
We put forward a theory-based time-varying supply-side measure of the natural level of capital flows, KF*. Out-of-sample empirical features of KF* are impressive. For countries that have quarterly time series data of capital flows, we show that KF* is a level to which flows converge in the medium
提供机构：
美国国家经济研究局
创建时间：
2019-08-01
