Net foreign assets and the exchange rate: Redux revived

136 citations recorded by the source corpus.

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

Exchange Rates and Fundamentals: Footloose or Evolving Relationship? (2009, background): “Additional fundamentals include, for example, net foreign assets, as suggested by overlapping-generations general equilibrium models (e.g. Cavallo and Ghironi, 2002; Gourinchas and Rey, 2007), and the trade balance, as suggested by portfolio balance models (e.g. Branson, 1984; Kumhof and Van…”
International Investment Positions and Exchange Rate Dynamics: A Dynamic Panel Analysis (2007, background): “Arguably, one of the most striking changes in this environment over the last few decades has been the growth of cross-country capital flows and the cumulative international investment positions they imply.”
Equilibrium Exchange Rates and Supply-side Performance (2003, background): “(9) C is a consumption index defined as: C D C ° T C 1¡° N ° ° .1 ¡ ° / 1¡°”
Empirical Exchange Rate Models of the Nineties: Are Any Fit to Survive? (2004, unknown): “5 On this latter channel, Cavallo and Ghironi (2002) provide a role for net foreign assets in the determi-”
Price Stability with Imperfect Financial Integration (2001, unknown): “Under complete asset markets, even in the case where prices are sticky, equation (12) holds, and the consumption differential purely reflects asymmetric demand shocks.”