cuts and appreciation expectation shocks. For both China and Japan - at different points of time - self-fulfilling runs … into yuan and yen have triggered monetary policy expansions, which are identified as the breeding ground for overinvestment … monetary policy and a fixed exchange rate regime are recommended. …

problems, but also on the world economy and expectations. For this reason, the reliance on capital inflows to appreciate the … volatile capital inflows from abroad. The Mexican government-instead of undoing the structural problems that lead to external … promoting capital inflows. The national currency has appreciated greatly and acts only in favor of the financial sector and in …

find statistically significant positive effects of unconventional U.S. monetary expansion on total net EME inflows …We examine the determinants of net private capital inflows to emerging market economies. These inflows are computed … of net private capital inflows. Second, there have been significant changes in the behavior of net inflows from the …