Authors
Pierre-Olivier Gourinchas, Hélène Rey
Publication date
2014/1/1
Book
Handbook of international economics
Volume
4
Pages
585-645
Publisher
Elsevier
Description
We provide an overview of the recent developments of the literature on the determinants of long-term capital flows, global imbalances, and valuation effects. We present the main stylized facts of the new international financial landscape in which external balance sheets of countries have grown in size and discuss implications for the international monetary and financial system.
Total citations
Scholar articles
MJ Melitz, SJ Redding - Handbook of international economics, 2014
PO Gourinchas, H Rey - Handbook of international economics, 2014
HÃ Rey, PO Gourinchas - 2013