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"Dark matter" in the external sector of the United States

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Global savings-investment imbalances: what role for East Asia?

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The current account version of the Triffin dilemma

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Liquidity risk aversion, debt maturity, and current account surpluses : a theory and evidence from East Asia

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Liquidity risk aversion, debt maturity, and current account surpluses : a theory and evidence from East Asia

Fukuda, Shin'ichi; Kon, Yoshifumi - 2007

The purpose of this paper is to show that macroeconomic impacts might be very different depending on what strategy developing countries will take. In the first part, we investigate what macroeconomic impacts an increased aversion to liquidity risk can have in a simple open economy model. When...