Series: IMF Working Papers
Author(s): Rodrigo Valdes , Leonardo Hernández , and Pamela Melado
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2001
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...