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experiences to discuss the implications of the current crisis for financial and macroeconomic policies going forward. "--World …
Persistent link: https://www.econbiz.de/10003791135
Persistent link: https://www.econbiz.de/10008662210
This paper assesses the international comovement of gross capital flows in a setting simultaneously encompassing aggregate inflows and outflows. It uses as empirical framework a multilevel latent factor model, implemented on flow data for a large sample of countries over more than three decades....
Persistent link: https://www.econbiz.de/10012008280