Gross Private Capital Flows to Emerging Markets : Can the Global Financial Cycle Be Tamed? /

This paper assesses empirically the key drivers of private capital flows to a large sample of emerging market economies in the last decade. It analyzes the effect of the global financial cycle, measured by the VIX, on capital flows and investigates the role of fundamentals and country characteristic...

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Autor principal: Nier, Erlend
Altres autors: Mondino, Tomas, Saadi Sedik, Tahsin
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2014.
Col·lecció:IMF Working Papers; Working Paper ; No. 2014/196
Accés en línia:Full text available on IMF