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- W2602324664 abstract "The purpose of the paper is to investigate the role that unbalanced net foreign asset positions play in the growth path of the economies. In particular, the hypothesis to be tested is whether external imbalances may constrain growth in debtor countries. We analyze a large sample of countries using Lane and Milesi- Ferretti “External Wealth of Nations Dataset” and employing both parametric and nonparametric techniques. We find a preponderant positive relationship between the external position and growth, although the impact differs between countries and temporal periods." @default.
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- W2602324664 date "2017-01-01" @default.
- W2602324664 modified "2023-09-27" @default.
- W2602324664 title "External imbalances and growth" @default.
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