Showing 1 - 10 of 2,952
stock of tangible capital supported by actual past domestic saving, relative to the actual stock of capital. We use the …
Persistent link: https://www.econbiz.de/10014070908
equilibria, and different kinds of capital flows may push investment in one direction or the other for sustained periods of time. …
Persistent link: https://www.econbiz.de/10012117674
Understanding the determinants of capital inflows is essential to designing an effective policy framework to manage volatile capital flows and their disruptive potential. This paper aims to identify factors that explain the size and volatility of various types of capital flows to developing Asia...
Persistent link: https://www.econbiz.de/10011283420
sudden stops on the macroeconomic indicators of economic growth and investment by employing the Generalized Method of Moments … variables. We find that sudden stops have lagging, negative, and robust effect on output and investment, while the effect on … investment is not always robusth …
Persistent link: https://www.econbiz.de/10013233486
Developing countries are constrained in financing current account deficits as real capital mobility is still far from perfect. At the same time, capital flows to these countries proved to be extremely volatile. The paper argues that the long-term problem of "too little" should not be confused...
Persistent link: https://www.econbiz.de/10011495541
-term) flows are assessed. Growth and cyclicality of these flows, FDI share of gross domestic investment, foreign participation in …
Persistent link: https://www.econbiz.de/10012956685
Using a newly developed dataset this paper examines the cyclicality of private capital inflows to low-income developing countries (LIDCs) over the period 1990-2012. The empirical analysis shows that capital inflows to LIDCs are procyclical, yet considerably less procyclical than flows to more...
Persistent link: https://www.econbiz.de/10013016586
Using a newly developed dataset this paper examines the cyclicality of private capital inflows to low-income developing countries (LIDCs). The empirical analysis shows that capital inflows to LIDCs are procyclical, yet considerably less procyclical than flows to more advanced economies. The...
Persistent link: https://www.econbiz.de/10013244941
Climate change poses severe challenges to economic growth and financial stability, especially in developing countries with a more carbon-intensive economy and a greater exposure to climate-related damages. This paper proposes a simple model in which an emerging open economy, characterised by the...
Persistent link: https://www.econbiz.de/10013313728
This study investigated the directional linkages among net foreign portfolio investment volatility, financial deepening … variables. The pairwise test demonstrated that there is a unidirectional causality relation from net portfolio investment … portfolio investment volatility and financial deepening in these economies. Conversely, the pairwise test distinctively …
Persistent link: https://www.econbiz.de/10012295146