Matches in SemOpenAlex for { <https://semopenalex.org/work/W3164922193> ?p ?o ?g. }
Showing items 1 to 77 of
77
with 100 items per page.
- W3164922193 abstract "With the rapid growth of countries' foreign asset and liability positions over the last two decades,financial returns on those positions ('NFA returns') have become material drivers of current accounts and net stock positions. This paper documents the relative importance of NFA return versus trade channels in driving NFA dynamics, for a sample of 52 economies over 1990-2015. While persistent trade imbalances have been a strong force leading to diverging NFA positions, NFA returns have played an important stabilizing role, mitigating NFA divergence. The stabilizing role of NFA returns primarily reflects the response of asset prices, rather than yield differentials or exchange rates. There is also evidence of heterogeneity in the speed of NFA adjustment, with emerging market economies adjusting more rapidly than advanced economies,and reserve-currency countries adjusting more slowly than others. The paper also documents the role of NFA returns as insurance against domestic and global income shocks, with a focus on reserve-currency countries." @default.
- W3164922193 created "2021-06-07" @default.
- W3164922193 creator A5039853337 @default.
- W3164922193 creator A5047027158 @default.
- W3164922193 date "2018-04-01" @default.
- W3164922193 modified "2023-09-26" @default.
- W3164922193 title "The Stabilizing Role of Net Foreign Asset Returns" @default.
- W3164922193 hasPublicationYear "2018" @default.
- W3164922193 type Work @default.
- W3164922193 sameAs 3164922193 @default.
- W3164922193 citedByCount "0" @default.
- W3164922193 crossrefType "posted-content" @default.
- W3164922193 hasAuthorship W3164922193A5039853337 @default.
- W3164922193 hasAuthorship W3164922193A5047027158 @default.
- W3164922193 hasConcept C121087249 @default.
- W3164922193 hasConcept C127413603 @default.
- W3164922193 hasConcept C134121241 @default.
- W3164922193 hasConcept C139719470 @default.
- W3164922193 hasConcept C141121606 @default.
- W3164922193 hasConcept C162324750 @default.
- W3164922193 hasConcept C18547055 @default.
- W3164922193 hasConcept C191897082 @default.
- W3164922193 hasConcept C192562407 @default.
- W3164922193 hasConcept C204036174 @default.
- W3164922193 hasConcept C2775917432 @default.
- W3164922193 hasConcept C2776988154 @default.
- W3164922193 hasConcept C38652104 @default.
- W3164922193 hasConcept C41008148 @default.
- W3164922193 hasConcept C52092804 @default.
- W3164922193 hasConcept C556758197 @default.
- W3164922193 hasConcept C76178495 @default.
- W3164922193 hasConcept C78519656 @default.
- W3164922193 hasConceptScore W3164922193C121087249 @default.
- W3164922193 hasConceptScore W3164922193C127413603 @default.
- W3164922193 hasConceptScore W3164922193C134121241 @default.
- W3164922193 hasConceptScore W3164922193C139719470 @default.
- W3164922193 hasConceptScore W3164922193C141121606 @default.
- W3164922193 hasConceptScore W3164922193C162324750 @default.
- W3164922193 hasConceptScore W3164922193C18547055 @default.
- W3164922193 hasConceptScore W3164922193C191897082 @default.
- W3164922193 hasConceptScore W3164922193C192562407 @default.
- W3164922193 hasConceptScore W3164922193C204036174 @default.
- W3164922193 hasConceptScore W3164922193C2775917432 @default.
- W3164922193 hasConceptScore W3164922193C2776988154 @default.
- W3164922193 hasConceptScore W3164922193C38652104 @default.
- W3164922193 hasConceptScore W3164922193C41008148 @default.
- W3164922193 hasConceptScore W3164922193C52092804 @default.
- W3164922193 hasConceptScore W3164922193C556758197 @default.
- W3164922193 hasConceptScore W3164922193C76178495 @default.
- W3164922193 hasConceptScore W3164922193C78519656 @default.
- W3164922193 hasLocation W31649221931 @default.
- W3164922193 hasOpenAccess W3164922193 @default.
- W3164922193 hasPrimaryLocation W31649221931 @default.
- W3164922193 hasRelatedWork W1547421801 @default.
- W3164922193 hasRelatedWork W1566179135 @default.
- W3164922193 hasRelatedWork W2102305908 @default.
- W3164922193 hasRelatedWork W2131251538 @default.
- W3164922193 hasRelatedWork W2143878665 @default.
- W3164922193 hasRelatedWork W2235403983 @default.
- W3164922193 hasRelatedWork W2236136939 @default.
- W3164922193 hasRelatedWork W2297617712 @default.
- W3164922193 hasRelatedWork W2766690415 @default.
- W3164922193 hasRelatedWork W2788645442 @default.
- W3164922193 hasRelatedWork W2889695241 @default.
- W3164922193 hasRelatedWork W2890249374 @default.
- W3164922193 hasRelatedWork W2932047133 @default.
- W3164922193 hasRelatedWork W3049478110 @default.
- W3164922193 hasRelatedWork W3121716782 @default.
- W3164922193 hasRelatedWork W3122721812 @default.
- W3164922193 hasRelatedWork W3122978861 @default.
- W3164922193 hasRelatedWork W3125127549 @default.
- W3164922193 hasRelatedWork W852711925 @default.
- W3164922193 hasRelatedWork W95037787 @default.
- W3164922193 isParatext "false" @default.
- W3164922193 isRetracted "false" @default.
- W3164922193 magId "3164922193" @default.
- W3164922193 workType "article" @default.