FURCERI, DAVIDE; GUICHARD, STÉPHANIE; RUSTICELLI, ELENA - In: Journal of International Commerce, Economics and Policy … 03 (2012) 02, pp. 1250012-1
This paper provides an empirical investigation of the medium-term determinants of international investment positions for a large sample of advanced and emerging economies. In addition to the usually considered drivers of foreign assets and liabilities, the analysis focuses on the role of...