Fofack, Achille Dargaud; Aker, Ahmet; Rjoub, Husam - In: Journal of applied economics 23 (2020) 1, pp. 89-105
The aim of this paper is to assess the surge in financial flows to developing and emerging market economies induced by the Federal Reserve's experience of quantitative easing. Using both panel causality tests and dynamic panel regression models on a data set covering as much as 78 developing and...