Mara, PIROVANO; VANNESTE, Jacques; VAN POECK, André - Faculteit Toegepaste Economische Wetenschappen, … - 2009
In this paper we estimate a dynamic panel model (Arellano-Bond GMM) explaining the volume of portfolio and short-term capital inflows (predominantly bank loans) in the new and potential EU member States as a function of a set of variables representing macroeconomic fundamentals (both domestic...