Portfolio Inflows Eclipsing Banking Inflows : Alternative Facts? /

Superficial examination of aggregate gross cross-border capital inflow data suggests that there was no substitution between portfolio inflows and bank loans in recent years. However, our novel analysis of disaggregate inflows (both by types of instrument and borrower) shows interesting heterogeneity...

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Bibliographic Details
Main Author: Cerutti, Eugenio
Other Authors: Hong, Gee Hee
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/029
Online Access:Full text available on IMF