Publikationsserver
The Dynamics of International Capital Flows: Results from a Dynamic Hierarchical Factor Model
The present paper examines the degree of comovement of gross capital inflows, which is a highly sensitive issue for policy makers. We estimate a dynamic hierarchical factor model that is able to decompose inflows in a sample of 47 economies into (i) a global factor common to all types of flows a...
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| Publicat a: | MAGKS - Joint Discussion Paper Series in Economics (Band 21-2012) |
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| Autors principals: | , , |
| Format: | Arbeit |
| Idioma: | anglès |
| Publicat: |
Philipps-Universität Marburg
2012
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| Matèries: | |
| Accés en línia: | PDF a text complet |
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