
Determinants of Private Capital Flows in the 1970's and 1990's : Is there Evidence of Contagion? »
Journal Issue
Volume/Issue: 2001/64
Series: IMF Working Papers
Author(s): Rodrigo Valdes , Leonardo Hernández , and Pamela Melado
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2001
DOI: http://dx.doi.org/10.5089/9781451848564.001
ISBN: 9781451848564
Keywords: contagion, capital flows, capital inflows, private capital flows, private capital
This paper studies the determinants of private capital flows to developing countries during the last two episodes of large inflows, the late 1970s-early 1980s and the 1990s. The paper also tests for contagion effec...