large current account deficit or rise in inflation or interest rates, a rising inflow of external capital, accompanied by … the RBI's sterilizing these inflows and accumulating large reserves, even in the face of low inflation. We offer a …

We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real … international capital markets. Capital flows are assumed to be able to invert the traditional direction of transmission of real wage … estimations for the period from 1995 to 2013 show evidence in favour of capital inflow-driven real wage increases in excess of …

We scrutinize the role of capital flows in competitiveness in a set of seven euroarea member countries (Estonia, Greece … focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets, placing … a particular focus on their impact on national wage policies. Capital flows are assumed to be able to invert the …

We scrutinize the role of capital flows in competitiveness in a set of seven euro-area member countries (Estonia … specific focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets …, placing a particular focus on their impact on national wage policies. Capital flows are assumed to be able to invert the …