Ding, Ding; Jinjarak, Yothin - In: The North American Journal of Economics and Finance 23 (2012) 3, pp. 365-385
We study capital flows in a panel of 130 countries, and derive the implications for the observed patterns of capital flows and capital controls before and into the crisis of 2008–11. We find that the size of capital flows is positively correlated with country's income level. In addition,...
