Portfolio Diversification, Real Interest Rates, and the Balance of Payments
收藏NBER1987-11-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2441
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资源简介：
The paper shows that differences in real interest rates across countries can arise even with perfect competition and fully integrated international capital markets. Specifically, we find that factor returns will differ across countries which are identical except for differences in technological
提供机构：
美国国家经济研究局
创建时间：
1987-11-01
