The CFS international capital flow database: a user’s guide : [This Version: August 2007]

  • This paper documents the methodology underlying the construction of a global database of gross foreign asset and liability positions for 153 countries over the period 1970 to 2004 and illustrates some key data characteristics. The data cover both inflows and outflows of capital and thus allow for an assessment of the degree of international financial integration. In addition to net foreign asset stocks, we also provide details on the composition of the main asset and liability categories, namely the foreign direct investment, equity investment and debt components. Finally, we report on valuation changes as one of the main sources of discrepancy between transaction-based capital flow data and stock values of investment positions. The dataset is available for download at or JEL Classification: F21; F34; F32

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Author:Christian J. OffermannsGND, Marcus Pramor
Parent Title (German):Center for Financial Studies (Frankfurt am Main): CFS working paper series ; No. 2007,24
Series (Serial Number):CFS working paper series (2007, 24)
Document Type:Working Paper
Year of Completion:2007
Year of first Publication:2007
Publishing Institution:Universitätsbibliothek Johann Christian Senckenberg
Release Date:2007/09/02
Tag:international financial integration; net foreign assets; valuation adjustment
GND Keyword:Kreditmarkt; Integration; Geschichte 1970-2004
Issue:Version: August 2007
Page Number:26
Original version: July 2006. - this version: August 2007
Institutes:Wirtschaftswissenschaften / Wirtschaftswissenschaften
Wissenschaftliche Zentren und koordinierte Programme / Center for Financial Studies (CFS)
Dewey Decimal Classification:3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft
Licence (German):License LogoDeutsches Urheberrecht