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来源类型 | VoxEU Column |
规范类型 | 评论 |
Financial constraints and innovation: Why poor countries don't catch up | |
Yuriy Gorodnichenko; Monika Schnitzer | |
发表日期 | 2010-04-08 |
出版年 | 2010 |
语种 | 英语 |
摘要 | Does the dollar enjoy an “exorbitant privilege”, in which US residents pay relatively low interest on their foreign liabilities while receiving relatively high returns on their foreign assets? This column argues that the answer is “yes”, while the excess returns are not explained by different risks between the US and elsewhere. |
主题 | Exchange Rates ; International Finance |
关键词 | Dollar Net foreign assets Exorbitant privilege |
URL | https://cepr.org/voxeu/columns/financial-constraints-and-innovation-why-poor-countries-dont-catch |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/548184 |
推荐引用方式 GB/T 7714 | Yuriy Gorodnichenko,Monika Schnitzer. Financial constraints and innovation: Why poor countries don't catch up. 2010. |
条目包含的文件 | 条目无相关文件。 |
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