Why are capital flows so much more volatile in emerging than in developed countries?
One of the most studied subjects in open macroeconomics is what determines capital flows. In general, most papers are concerned with estimating the following regression. where the left-hand side is some measurement of capital flows, either as a percentage of gross domestic product (GDP) or as change...
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| Auteurs principaux: | , |
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| Format: | Artículo |
| Langue: | eng |
| Publié: |
Banco Central de Chile
2019
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| Accès en ligne: | https://hdl.handle.net/20.500.12580/3706 |
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