How Important is the Global Financial Cycle? : Evidence from Capital Flows /

This study quantifies the importance of a Global Financial Cycle (GFCy) for capital flows. We use capital flow data dis-aggregated by direction and type between 1990Q1 and 2015Q5 for 85 countries, and conventional techniques, models and metrics. Since the GFCy is an unobservable concept, we use two...

詳細記述

書誌詳細
第一著者: Cerutti, Eugenio
その他の著者: Claessens, Stijn, Rose, Andrew
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2017.
シリーズ:IMF Working Papers; Working Paper ; No. 2017/193
オンライン・アクセス:Full text available on IMF