Nils, Holinski; Clemens, Kool; Joan, Muysken - Maastricht : METEOR, Maastricht Research School of … - 2009
Unprecedented growth in private cross-border asset trade and asymmetric internationalbalance sheets are well-documented stylized facts of financial integration. Moreover, weobserve that current accounts are no longer the number one determinant of external balances. Advancing the work of...
