Showing papers by "Hélène Rey published in 2014"
TL;DR: An overview of the recent developments of the literature on the determinants of long-term capital flows, global imbalances, and valuation effects is provided in this article, where the main stylized facts of the new international financial landscape in which external balance sheets of countries have grown in size and discuss implications for the international monetary and financial system.
Abstract: We provide an overview of the recent developments of the literature on the determinants of long-term capital flows, global imbalances, and valuation effects We present the main stylized facts of the new international financial landscape in which external balance sheets of countries have grown in size and discuss implications for the international monetary and financial system
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