Splitting up dark matter
Date
2021-11
Authors
Fernandez, Pablo
relationships.isContributorOfPublication
Sturzenegger, Federico
Journal Title
Journal ISSN
Volume Title
Publisher
Universidad de San Andrés. Departamento de Economía
Abstract
This paper offers a detailed analysis of an alternative measure of income flows from officials’ accounts denominated
“dark matter.” We aim to extend this area of investigation by splitting dark matter into two main components
denominated “equity” and “portfolio.” In this way, we can shed some light on the underlying fundamentals of income
flows’ evolution for different countries. Once we obtain these components, we proceed to contrast these new
measures against the actual data. Our main results are that this new perspective supports previous work, helps
explain the income flows for countries from another point of view, and we offer a first approach for the determinants
of the differences in income flows across countries.
Keywords: Dark Matter, Global Imbalances, Foreign Direct Investment, Flows of income.
Keywords: Dark Matter, Global Imbalances, Foreign Direct Investment, Flows of income.
Description
Fil: Fernandez, Pablo. Universidad de San Andrés. Departamento de Economía; Argentina.
Keywords
Citation
Fernandez, P. (2021). Splitting up dark matter. [Tesis de maestría, Universidad de San Andrés. Departamento de Economía]. Repositorio Digital San Andrés. http://hdl.handle.net/10908/19229