Inequality and the Structure of Countries' External Liabilities /

In this paper, we present empirical evidence that higher income inequality is associated with a greater equity share in countries' external liabilities, and we develop a theoretical model that can explain this observation: In a small open economy with traded and nontraded goods, entry barriers...

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Detalhes bibliográficos
Autor principal: Harms, Philipp
Outros Autores: Hoffmann, Mathias, Kohl, Miriam, Krahnke, Tobias
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2022.
Colecção:IMF Working Papers; Working Paper ; No. 2022/138
Assuntos:
Acesso em linha:Full text available on IMF