Current Account Deficits During Heightened Risk: Menacing or Mitigating?

Large current account deficits, and the corresponding reliance on capital flows from abroad, can increase a country’s vulnerability to periods of heightened risk. We develop a framework to evaluate such vulnerabilities and clarify which characteristics of a country’s international investment portfol...

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Bibliographic Details
Main Authors: Hjortsoe, Ida, Nenova, Tsvetelina, Forbes, Kristin J
Other Authors: Sloan School of Management
Format: Article
Published: Wiley 2019
Online Access:http://hdl.handle.net/1721.1/120824
https://orcid.org/0000-0002-9340-6063