Explaining China's Trade Imbalance Puzzle

The current global-imbalance literature (which explains why capital flows from poor to rich countries) is unable to explain China's foreign asset positions because capital cannot flow out of China under capital controls. Hence, this literature has not succeeded in explaining China's large and persistent trade imbalances with the United States

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Year of publication:	2011
Authors:	Wen, Yi
Publisher:	[2011]: [S.l.] : SSRN
Subject:	China \| Handelsbilanz \| Trade balance \| Außenwirtschaftliches Gleichgewicht \| External balance

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Extent:	1 Online-Ressource (57 p)
Series:	Federal Reserve Bank of St. Louis Working Paper ; No. 2011-018A
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments August 29, 2011 erstellt
Other identifiers:	10.2139/ssrn.1919159 [DOI]
Classification:	E21 - Consumption; Saving ; F11 - Neoclassical Models of Trade ; F30 - International Finance. General ; F41 - Open Economy Macroeconomics ; F43 - Economic Growth of Open Economies ; O16 - Financial Markets; Saving and Capital Investment
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013121003