Balli, Faruk; Basher, Syed Abul; Balli, Hatice Ozer - In: Economic Modelling 28 (2011) 5, pp. 2296-2306
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[hyphen (true graphic)]components (net compensation of employees and net taxes on imports) turn out to be ineffective. Once factor income inflows...