
Gross Private Capital Flows to Emerging Markets : Can the Global Financial Cycle Be Tamed? »
Journal Issue
Volume/Issue: 2014/196
Series: IMF Working Papers
Author(s): Erlend Nier , Tahsin Saadi Sedik , and Tomas Mondino
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 27 October 2014
DOI: http://dx.doi.org/10.5089/9781498351867.001
ISBN: 9781498351867
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,...