How Important is the Global Financial Cycle? : Evidence from Capital Flows /

This study quantifies the importance of a Global Financial Cycle (GFCy) for capital flows. We use capital flow data dis-aggregated by direction and type between 1990Q1 and 2015Q5 for 85 countries, and conventional techniques, models and metrics. Since the GFCy is an unobservable concept, we use two...

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Detaylı Bibliyografya
Yazar: Cerutti, Eugenio
Diğer Yazarlar: Claessens, Stijn, Rose, Andrew
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 2017.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 2017/193
Online Erişim:Full text available on IMF