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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Cerutti, Eugenio
अन्य लेखक: Claessens, Stijn, Rose, Andrew
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2017.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2017/193
ऑनलाइन पहुंच:Full text available on IMF