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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...
שמור ב:
| הוצא לאור ב: | MAGKS - Joint Discussion Paper Series in Economics (Band 21-2012) |
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| Autoren: | , , |
| פורמט: | Arbeit |
| שפה: | אנגלית |
| יצא לאור: |
Philipps-Universität Marburg
2012
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| נושאים: | |
| גישה מקוונת: | PDF-Volltext |
| תגים: |
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