• Graduate program
  • Research
  • Summer School
  • Events
    • Summer School
      • Sustainable Finance
      • Applied Public Policy Evaluation
      • Economics of Blockchain and Digital Currencies
      • Economics of Climate Change
      • Foundations of Machine Learning with Applications in Python
      • From preference to choice: The Economic Theory of Decision-Making
      • Gender in Society
      • Business Data Science Summer School Program
    • Events Calendar
    • Events Archive
    • Tinbergen Institute Lectures
    • 16th Tinbergen Institute Annual Conference
    • Annual Tinbergen Institute Conference
  • News
  • Alumni
  • Magazine

15-036/IV - Cheap but Flighty: How Global Imbalances create Financial Fragility

  • Authors
    Enrico Perotti, University of Amsterdam, the Netherlands; Toni Ahnert, Bank of Canada, Canada
  • Publication date
    March 19, 2015
  • Keywords
    capital flows, unstable funding, safe haven, absolute safety
  • JEL
    F3, G02
Download here