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Record Nr. |
UNINA9910825412303321 |
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Autore |
Evans Martin D. D |
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Titolo |
International capital flows and debt dynamics / / prepared by Martin D. D. Evans |
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Pubbl/distr/stampa |
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Washington, D.C., : International Monetary Fund, c2012 |
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ISBN |
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1-4755-2480-3 |
1-4755-6613-1 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (60 p.) |
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Collana |
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IMF working paper ; ; WP/12/175 |
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Disciplina |
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Soggetti |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Cover; Contents; 1 Introduction; 2 International Assets, Liabilities, Returns and Trade Flows; 2.1 The Balance of Payments and Consolidated Budget Constraint; 2.2 Trade Flows, Asset Pricing and Portfolio Choice; List of Figures; 1 Alternative Measures of the U.S. External Position; 3 A Model of Capital Flow Dynamics; 3.1 Approximating the Consolidated Budget Constraint; 3.2 Net Positions and Capital Flows; 3.3 Gross Positions and Capital Flows; 3.4 Equilibrium Positions and Capital Flows; 4 Data and Estimation; 4.1 Data; 4.2 Adjusting Trade Flows |
2 Trends In U.S. Foreign Assets, Liabilities and Real Trade Flows 4.3 Sample Statistics; 3 Approximation Accuracy; List of Tables; 1 Summary Statistics; 2 Returns and Portfolio Shares; 4.4 Estimation; 4 Changes in the Composition of Asset and Liability Portfolios; 3 Granger Causality Tests; 5 Results; 5.1 Net Position Dynamics; 5 Historical Behavior of the U.S. Net External Position and its Components; 4 Variance Decompositions of xp[sub(t)]; 5.2 Gross Position Dynamics; 6 Historical Behavior of U.S. Gross Foreign Asset and Liability Positions and their Components |
5 Variance Decompositions for δ[sup(FA)][sub(t)] and δ[sup(PL)][sub(t)] 5.3 Net Capital Flows; 7 Variance Contributions of Trade and Returns to U.S. Net Capital Flows; 8 Variance Contributions of Net Capital Flows; 5.4 Gross Capital Flows; 9 Historical Behavior of U.S. Gross Foreign |
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