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Title: The Valuation Channel of External Adjustment
Author/Editor: Ghironi, Fabio ; Lee, Jaewoo ; Rebucci, Alessandro
Series: Working Paper No. 09/275
Published: December 1, 2009
Subject(s): Asset prices | Capital transactions | Current account | Economic models | External shocks | Financial sector | Foreign exchange | Government expenditures | International capital markets | Productivity
Author's keyword(s): Current account; Net foreign assets; Risk sharing; Valuation