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180616 ||| eng |
| 100 |
1 |
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|a Furceri, Davide
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| 245 |
0 |
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|a Medium-Term Determinants of International Investment Positions
|h Elektronische Ressource
|b The Role of Structural Policies
|c Davide, Furceri, Stéphanie, Guichard and Elena, Rusticelli
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| 246 |
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|a Déterminants à moyen terme des positions étrangères extérieures : le rôle des politiques structurelles / Davide, Furceri, Stéphanie, Guichard et Elena, Rusticelli
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| 246 |
3 |
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|a Déterminants à moyen terme des positions étrangères extérieures
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| 260 |
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|a Paris
|b OECD Publishing
|c 2011
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| 300 |
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|a 34 p.
|c 21 x 29.7cm
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| 653 |
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|a Economics
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| 700 |
1 |
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|a Guichard, Stéphanie
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| 700 |
1 |
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|a Rusticelli, Elena
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| 041 |
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7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b OECD
|a OECD Books and Papers
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| 490 |
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|a OECD Economics Department Working Papers
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| 024 |
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|a /10.1787/5kgc9kzsm19x-en
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| 856 |
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|a oecd-ilibrary.org
|u https://doi.org/10.1787/5kgc9kzsm19x-en
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a 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 structural policy indicators. Using cross-section and panel regression techniques the results suggest that structural policy settings are important long-term drivers of capital flows, having a relatively large impact on gross and net foreign capital positions and on their composition. In particular, the results suggest that certain kinds of structural policy reform could help to narrow global imbalances, and to modify the composition of international capital flows towards more stable and productive sources
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