Global Financial Shocks and Foreign Asset Repatriation : Do Local Investors Play a Stabilizing Role? /

We study the dynamic response of gross capital flows in emerging market economies to different global financial shocks, using a panel vector-autoregressive (PVAR) setting. Our focus lies primarily on the potentially stabilizing role played by domestic investors in offsetting the response of foreign...

ver descrição completa

Detalhes bibliográficos
Autor principal: Adler, Gustavo
Outros Autores: Djigbenou, Marie-Louise, Sosa, Sebastian
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2014.
Colecção:IMF Working Papers; Working Paper ; No. 2014/060
Acesso em linha:Full text available on IMF