Showing 1 - 10 of 25,901
The paper proposes a panel model to the determinants of capital flow volatility to a group of eighteen emerging market … economies (EME) in the period of 2000 to 2011. It studies the robustness of the model regarding different volatility measures … volatility can be achieved by the adoption of policies that improve government institutional quality and promote development …
Persistent link: https://www.econbiz.de/10010330935
The paper proposes a panel model to the determinants of capital flow volatility to a group of eighteen emerging market … economies (EME) in the period of 2000 to 2011. It studies the robustness of the model regarding different volatility measures … volatility can be achieved by the adoption of policies that improve government institutional quality and promote development …
Persistent link: https://www.econbiz.de/10010230623
volatile capital flows and their disruptive potential. This paper aims to identify factors that explain the size and volatility … determinants of capital inflows to developing Asia. Trade openness increases the volatility of all types of capital inflows, while … change in stock market capitalization, global liquidity growth, and institutional quality lowers the volatility. A regional …
Persistent link: https://www.econbiz.de/10011283420
choices matter for output volatility and the medium-term level of inflation. Greater monetary independence is associated with … lower output volatility while greater exchange rate stability implies greater output volatility, which can be mitigated if a … inflation rate. We find that trilemma policy configurations affect output volatility through the investment or trade channel …
Persistent link: https://www.econbiz.de/10009158763
This paper investigates the impact of international swap lines on stock returns using data from banks in emerging markets. The analysis shows that swap lines by the Swiss National Bank (SNB) had a positive impact on bank stocks in Central and Eastern Europe. It then highlights the importance of...
Persistent link: https://www.econbiz.de/10011440076
volatile capital flows and their disruptive potential. This paper aims to identify factors that explain the size and volatility … determinants of capital inflows to developing Asia. Trade openness increases the volatility of all types of capital inflows, while … change in stock market capitalization, global liquidity growth, and institutional quality lowers the volatility. A regional …
Persistent link: https://www.econbiz.de/10010507512
This paper investigates the impact of international swap lines on stock returns using data from banks in emerging markets. The analysis shows that swap lines by the Swiss National Bank (SNB) had a positive impact on bank stocks in Central and Eastern Europe. It then highlights the importance of...
Persistent link: https://www.econbiz.de/10011629985
We review the large literature on various economic policies that could help developing economies effectively manage the process of financial globalization. Our central findings indicate that policies promoting financial sector development, institutional quality and trade openness appear to help...
Persistent link: https://www.econbiz.de/10010269041
Both academic researchers and policymakers posit a unique role for the US in the inter-national financial system. This paper investigates the characteristics and determinants of US cross-border financial flows and examines how these contrast with those of the rest of the world. We analyse the...
Persistent link: https://www.econbiz.de/10011975553
This paper assesses the spillover effects of the United States' unconventional monetary policy (i.e., quantitative easing programs adopted during 2008-2014) on the Asian credit market. With a focus on cross-border bank lending, we employed firm-level loan data with regard to the syndicated loan...
Persistent link: https://www.econbiz.de/10011576780