Showing 1 - 10 of 10,619
the world earning a positive net investment income. To rationalize this phenomenon, I propose a different theory about the … dollar exchange rate. In the model, world financial intermediaries demand US safe assets for their convenience value, but US … intermediaries do not demand foreign safe assets. Under an aggregate symmetric financial shock, the rest of the world buys more safe …
Persistent link: https://www.econbiz.de/10013475535
Persistent link: https://www.econbiz.de/10013493632
Persistent link: https://www.econbiz.de/10013491218
Persistent link: https://www.econbiz.de/10000681814
Persistent link: https://www.econbiz.de/10000562034
Persistent link: https://www.econbiz.de/10013479924
Persistent link: https://www.econbiz.de/10000339430
Persistent link: https://www.econbiz.de/10000856324
Persistent link: https://www.econbiz.de/10013551283