The Macroeconomics of International Financial Trade
The Macroeconomics of International Financial Trade
复制标题
国际金融贸易宏观经济学
DOI：
10.2139/ssrn.733443
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发表时间：
2003
期刊：
影响因子：
--
通讯作者：
P. Lane
中科院分区：
文献类型：
--
作者：
P. Lane
在任何开放经济宏观经济模型中，一个驱动因素是国际金融一体化的程度。这表明，了解最近跨境资产交易爆炸性增长的原因，以及国际投资总额和净头寸的增加对贸易平衡和实际汇率等关键的开放经济宏观经济变量的影响，对于政策分析至关重要。因此，本文的目标是强调这一快速扩张的研究领域中出现的一些主要成果。
A driving factor in any open-economy macroeconomics model is the degree of international financial integration. This suggests that understanding the sources of the recent explosive growth in cross-border asset trade and the impact of the upscaling in gross and net international investment positions on key open-economy macroeconomic variables such as the trade balance and the real exchange rate is critically important for policy analysis. Accordingly, the goal of this paper is to highlight some of the main results emerging from this fast-expanding research field.