Swept by the Tide? The International Comovement of Capital Flows

Swept by the Tide? The International Comovement of Capital Flows

This paper assesses the international comovement of gross capital flows in a setting simultaneously encompassing aggregate inflows and outflows. It uses as empirical framework a multilevel latent factor model, implemented on flow data for a large s...

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Bibliographic Details
Main Authors: Lafuerza, Luis F., Serven, Luis
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
CAPITAL FLOWS
COMMON FACTORS
GLOBAL FINANCIAL CYCLE
ECONOMIC SHOCKS
BUSINESS CYCLES
FINANCIAL CRISIS
FINANCIAL OPENNESS
EXCHANGE RATES
Online Access:http://documents.worldbank.org/curated/en/746291553173487580/Swept-by-the-Tide-The-International-Comovement-of-Capital-Flows
http://hdl.handle.net/10986/31446

Internet

http://documents.worldbank.org/curated/en/746291553173487580/Swept-by-the-Tide-The-International-Comovement-of-Capital-Flows
http://hdl.handle.net/10986/31446

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