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shocks we show that the theoretical impact of financial and trade globalization on the correlation between capital inflows … Virginia and NBER).The correlation between capital inflows and outflows has increased substantially over time in a sample of … 127 advanced and developing countries. We provide evidence that this is a result of an increase in financial globalization …
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This paper investigates the empirical significance of push- and pull factors of different types of capital flows - FDI, portfolio and "others" (including loans) - to emerging market and developing economies. Based on an extensive quarterly mixed time-series panel dataset for 32 emerging market...
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