Ghironi, Fabio; Ozhan, G. Kemal - 2020 - Last updated: April 16, 2020
discourages short-term inflows mainly through portfolio risk and precautionary saving channels. A markup channel generates net FDI … irreversibility of FDI, the currency of export invoicing, risk aversion of outside agents, and effective lower bound in the rest of … the world. Under every scenario, uncertainty policy is inflationary. …