Construct · 1 fields · 1 citations

valuation channel of external adjustment: a standalone construct

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International macroeconomics

the adjustment of a country's net foreign asset position through changes in asset prices and exchange rates rather than through trade balances.

In international macroeconomics, valuation channel of external adjustment refers to the adjustment of a country's net foreign asset position through changes in asset prices and exchange rates rather than through trade balances. This meaning comes from Gourinchas (2007) in Journal of Political Economy.[1]

Unit
Recovery means
Measured by

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Nearby constructs

asset2 fields · 2 citationsjingle · one word, two constructs channel4 fields · 4 citationsjingle · one word, four constructs exchange4 fields · 7 citationsjingle · one word, four constructs

References

Gourinchas, P., & Rey, H. (2007). International Financial Adjustment. Journal of Political Economy, 115(4), 665-703. https://doi.org/10.1086/521966

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