11-126/2 - Sovereigns, Upstream Capital Flows and Global Imbalances

• Authors
  Laura Alfaro, Harvard Business School, and NBER; Sebnem Kalemli-Ozcan, Koc University, University of Houston, CEPR, and NBER; Vadym Volosovych, Erasmus University Rotterdam, and ERIM
• Publication date
  September 5, 2011

• Keywords
  current account, aid/government debt, reserves, puzzles of flows, productivity
• JEL
  F21, F41, O1