Capital inflows and books in asset prices: evidence from a panel of countries
Policymakers and academics often believe that large capital inflows are associated with booms in asset prices and therefore with a higher risk of financial crisis. The belief is supported by the theoretical works of Krugman (1998) Caballero and Krishnamurthy (2006) Aoki Benigno and Kiyotaki (2009) K...
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Formato: | Artículo |
Lenguaje: | eng |
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Banco Central de Chile
2019
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Acceso en línea: | https://hdl.handle.net/20.500.12580/3799 |
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