Terada-hagiwara, Akiko - EconWPA - 2005
Sudden Stop of capital flows. By utilizing cumulative impulse response function and variance decomposition analysis, we argue … that there is the asymmetric response across Sudden Stop and tranquil times. Further comparison across the Sudden Stop in … the 80s (gdebt crisish) and 90s (gSudden Stop crisish), however, reveals that the Sudden Stop disturbance has become more …