Liquidity Risk Aversion, Debt Maturity, and Current Account Surpluses: A Theory and Evidence from East Asia
Published Date
Copyright 2008
ISBN 9780226386829
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Copy CitationShin-ichi Fukuda and Yoshifumi Kon, International Financial Issues in the Pacific Rim: Global Imbalances, Financial Liberalization, and Exchange Rate Policy (University of Chicago Press, 2008), chap. 2, https://www.nber.org/books-and-chapters/international-financial-issues-pacific-rim-global-imbalances-financial-liberalization-and-exchange/liquidity-risk-aversion-debt-maturity-and-current-account-surpluses-theory-and-evidence-east-asia.
Published From Paper
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Working Paper
The purpose of this paper is to show that macroeconomic impacts might be very different depending on what strategy...