01817cas a2200265 a 4500 AALejournalIMF001458 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451848564 1018-5941 BD-DhAAL BD-DhAAL Valdes, Rodrigo. Determinants of Private Capital Flows in the 1970's and 1990's : Is there Evidence of Contagion? / Rodrigo Valdes, Leonardo Hernandez, Pamela Melado. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (26 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper studies the determinants of private capital flows to developing countries during the last two episodes of large inflows, the late 1970s-early 1980s and the 1990s. The paper also tests for contagion effects in capital flows among recipient countries, and tries to identify specific channels through which such effects can occur. It tests for neighborhood effects, trade-related effects, and for contagion based on the countries having similar macroeconomic indicators. The results show strong evidence for the first two effects during the 1990s, and indicate that the third effect varies depending on the type of capital flow. Mode of access: Internet Hernandez, Leonardo. Melado, Pamela. IMF Working Papers; Working Paper ; No. 2001/064 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/064/001.2001.issue-064-en.xml IMF e-Library