Push Factors and Capital Flows to Emerging Markets : Why Knowing Your Lender Matters More Than Fundamentals /

This paper analyzes the behavior of gross capital inflows across 34 emerging markets (EMs). We first confirm that aggregate inflows to EMs co-move considerably. We then report three findings: (i) the aggregate co-movement conceals significant heterogeneity across asset types as only bank-related and...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Cerutti, Eugenio
Beste egile batzuk: Claessens, Stijn, Puy, Damien
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2015.
Saila:IMF Working Papers; Working Paper ; No. 2015/127
Sarrera elektronikoa:Full text available on IMF