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We propose a dynamic factor model with time-varying parameters and stochastic volatility to analyze the relationship between global factors and country-specific capital flow dynamics. Studying a global sample of 43 countries from 1994 until 2015, we show that global co-movement of macroeconomic,...
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on the topological structure and properties of the international trade and financial networks (ITN and IFN). We find that … the ITN is more densely connected than the IFN and that the degree of international financial integration varies with … central ones and use them as hubs to access the rest of the network. -- International Trade ; International Financial Flows …
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The authors analyse patterns of international trade and financial integration using complex network analysis. The … properties of international trade and financial networks (ITN and IFN). It is found that the ITN is more densely connected than …
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