Source: The Role of Risk and Information for International Capital Flows : New Evidence from the SDDS
Series: IMF Working Papers
Author(s): Yuko Hashimoto , and Konstantin Wacker
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 05 October 2012
Keywords: determinants of capital flows, information, panel data, risk, SDDS, FDI, portfolio investment, spatial econometrics, direct investment, Models with Panel Data,
In this paper we investigate whether better information about the macroeconomic environment of an economy has a positive impact on its capital inflows, namely portfolio and foreign direct investment (FDI). The purp...