How Might a Disorderly Resolution of Global Imbalances Affect Global Wealth? /

Partly reflecting structural advantages such a liquidity and strong investor protection, foreigners have built up extremely large positions in U.S. (as well as other dollar-denominated) financial assets. This paper describes the impact on global wealth of an unanticipated shock to U.S. financial mar...

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Tác giả chính: Warnock, Francis
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2006.
Loạt:IMF Working Papers; Working Paper ; No. 2006/170
Truy cập trực tuyến:Full text available on IMF