Series: IMF Working Papers
Author(s): Erlend Nier , Tahsin Saadi Sedik , and Tomas Mondino
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 27 October 2014
Keywords: Global financial cycles, Emerging Market Economies, capital inflows, private capital, capital controls, Other, Portfolio Choice,
This paper assesses empirically the key drivers of private capital flows to a large sample of emerging market economies in the last decade. It analyzes the effect of the global financial cycle, measured by the VIX,...