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International investment positions: a cross-sectional analysis

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  • Lane, Philip R.

Abstract

We explore some empirical properties of gross international investment positions. In a cross-section of countries, we find that more open countries with larger domestic financial markets tend to hold greater quantities of foreign assets and liabilities.

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Bibliographic Info

Article provided by Elsevier in its journal Journal of International Money and Finance.

Volume (Year): 19 (2000)
Issue (Month): 4 (August)
Pages: 513-534

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Handle: RePEc:eee:jimfin:v:19:y:2000:i:4:p:513-534

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Web page: http://www.elsevier.com/locate/inca/30443

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  18. Mulligan, Casey B & Sala-i-Martin, Xavier, 1996. "Adoption of Financial Technologies: Implications for Money Demand and Monetary Policy," CEPR Discussion Papers 1358, C.E.P.R. Discussion Papers.
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