Financing of Global Imbalances »
Journal Issue
Volume/Issue: 2007/177
Series: IMF Working Papers
Author(s): Maria Teresa Punzi , and W. Christopher Walker
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2007
DOI: http://dx.doi.org/10.5089/9781451867411.001
ISBN: 9781451867411
Keywords: home bias, panel VAR, U.S. bond inflows, bond, bond flows, equation, correlation, statistics, Us Bond Inflows,
This paper analyzes the determinants of bond flows, now the dominant source of capital inflows, into the United States, as a means of establishing conditions affecting the financing of the U.S. current account defi...