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...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Adler, Gustavo
Övriga upphovsmän: Djigbenou, Marie-Louise, Sosa, Sebastian
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2014.
Serie:IMF Working Papers; Working Paper ; No. 2014/060
Länkar:Full text available on IMF