Balli, Faruk; Basher, Syed Abul; Ozer-Balli, Hatice - Volkswirtschaftliche Fakultät, … - 2011
We document that the net factor income smoothing channel in OECD countries is primarily driven by net financial asset income, while the other two sub-components (net compensation of employees, net taxes on imports) turn out to be ineffective. Once factor income inflows are distinguished from...