International Investment‑Income Determination in INTERLINK: Models for 23 OECD Countries and Six Non-OECD Regions
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This paper presents the specification of an investment-income model for 23 OECD countries and six non-OECD regions. The basic structure of the model -- an effective rate of return applied to the stock of foreign assets and liabilities -- is relatively simple and straightforward. A central distinction is made between dollar and non-dollar...
