The standard pattern: capital flows into the new “hot” nation, but then stop or reverses forcing painful adjustment. This column presents research based on such episodes from 181 nations during 1980-2007 and for a subset of 66 nations for the 1960-2007 period. If the pattern of the past few decades holds true, emerging market economies may be facing a darkening future
The current crisis saw an unprecedented collapse in international capital flows after years of risin...
This paper describes the stylized facts characterizing periods of exceptionally large capital inflow...
This paper describes the stylized facts characterizing periods of exceptionally large capital inflow...
The standard pattern: capital flows into the new “hot” nation, but then stop or reverses forcing pai...
The standard pattern: capital flows into the new “hot” nation, but then stop or reverses forcing pai...
In this paper we present evidence that capital account reversals have become more severe for emergin...
Consequent to developed and liberalized financial markets in emerging market economies, the magnitud...
In this paper we present evidence that capital account reversals have become more severe for emergi...
In this paper we present evidence that capital account reversals have become more severe for emergin...
A characteristic of many of the recent emerging market currency crises is a preceding surge in capit...
When the current account balance and net capital outflows do not exactly offset each other, net pay...
This paper provides a cross country analysis of surges on capital inflows. Specifically, we examine ...
The paper studies mechanisms through which a sudden stop in international credit flows may bring abo...
Has the unprecedented financial globalization of recent years changed the behavior of capital flows ...
This paper analyses volatility, persistence, predictability, correlation, comovement (or contagion r...
The current crisis saw an unprecedented collapse in international capital flows after years of risin...
This paper describes the stylized facts characterizing periods of exceptionally large capital inflow...
This paper describes the stylized facts characterizing periods of exceptionally large capital inflow...
The standard pattern: capital flows into the new “hot” nation, but then stop or reverses forcing pai...
The standard pattern: capital flows into the new “hot” nation, but then stop or reverses forcing pai...
In this paper we present evidence that capital account reversals have become more severe for emergin...
Consequent to developed and liberalized financial markets in emerging market economies, the magnitud...
In this paper we present evidence that capital account reversals have become more severe for emergi...
In this paper we present evidence that capital account reversals have become more severe for emergin...
A characteristic of many of the recent emerging market currency crises is a preceding surge in capit...
When the current account balance and net capital outflows do not exactly offset each other, net pay...
This paper provides a cross country analysis of surges on capital inflows. Specifically, we examine ...
The paper studies mechanisms through which a sudden stop in international credit flows may bring abo...
Has the unprecedented financial globalization of recent years changed the behavior of capital flows ...
This paper analyses volatility, persistence, predictability, correlation, comovement (or contagion r...
The current crisis saw an unprecedented collapse in international capital flows after years of risin...
This paper describes the stylized facts characterizing periods of exceptionally large capital inflow...
This paper describes the stylized facts characterizing periods of exceptionally large capital inflow...