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Capital Markets and External Current Accounts

What to Expect from the Euro

Capital Markets and External Current Accounts( )
Author: Decressin, Jrg
Disyatat, Piti
Series title:IMF Working Papers
ISBN:978-1-4623-3474-2
Publication Date:Aug 2000
Publisher:International Monetary Fund
Book Format:Ebook
List Price:USD $7.50
Book Description:

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...
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Book Details
Pages:38
Physical Dimensions (W X L X H):8.5 x 11 x 0.3 Inches



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