Push Factors and Capital Flows to Emerging Markets : Why Knowing Your Lender Matters More Than Fundamentals /

This paper analyzes the behavior of gross capital inflows across 34 emerging markets (EMs). We first confirm that aggregate inflows to EMs co-move considerably. We then report three findings: (i) the aggregate co-movement conceals significant heterogeneity across asset types as only bank-related and...

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Dettagli Bibliografici
Autore principale: Cerutti, Eugenio
Altri autori: Claessens, Stijn, Puy, Damien
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2015.
Serie:IMF Working Papers; Working Paper ; No. 2015/127
Accesso online:Full text available on IMF