Capital Markets and External Current Accounts: What to Expect From the Euro
The paper compares the degree of capital market integration across euro-area countries with that across regions in Italy and provinces in Canada. Analyzing saving-investment correlations, and developing as well as fitting to the data a model of capital flows, reveal no compelling differences between...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2000
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Schriftenreihe: | IMF Working Papers
Working Paper No. 00/154 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | The paper compares the degree of capital market integration across euro-area countries with that across regions in Italy and provinces in Canada. Analyzing saving-investment correlations, and developing as well as fitting to the data a model of capital flows, reveal no compelling differences between the integration across countries before monetary union and that across the regions or provinces. The evidence does not suggest that EMU will prompt a major reallocation of net capital flows within the euro area that would entail sizable shifts in countries' equilibrium current accounts |
Beschreibung: | 1 Online-Ressource (38 p) |
ISBN: | 1451857225 9781451857221 |
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spelling | Decressin, Jörg Verfasser aut Capital Markets and External Current Accounts What to Expect From the Euro Decressin, Jörg Washington, D.C International Monetary Fund 2000 1 Online-Ressource (38 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 00/154 The paper compares the degree of capital market integration across euro-area countries with that across regions in Italy and provinces in Canada. Analyzing saving-investment correlations, and developing as well as fitting to the data a model of capital flows, reveal no compelling differences between the integration across countries before monetary union and that across the regions or provinces. The evidence does not suggest that EMU will prompt a major reallocation of net capital flows within the euro area that would entail sizable shifts in countries' equilibrium current accounts Online-Ausg Disyatat, Piti Sonstige oth http://elibrary.imf.org/view/IMF001/01095-9781451857221/01095-9781451857221/01095-9781451857221.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Decressin, Jörg Capital Markets and External Current Accounts What to Expect From the Euro |
title | Capital Markets and External Current Accounts What to Expect From the Euro |
title_auth | Capital Markets and External Current Accounts What to Expect From the Euro |
title_exact_search | Capital Markets and External Current Accounts What to Expect From the Euro |
title_exact_search_txtP | Capital Markets and External Current Accounts What to Expect From the Euro |
title_full | Capital Markets and External Current Accounts What to Expect From the Euro Decressin, Jörg |
title_fullStr | Capital Markets and External Current Accounts What to Expect From the Euro Decressin, Jörg |
title_full_unstemmed | Capital Markets and External Current Accounts What to Expect From the Euro Decressin, Jörg |
title_short | Capital Markets and External Current Accounts |
title_sort | capital markets and external current accounts what to expect from the euro |
title_sub | What to Expect From the Euro |
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