 | Global Financial Shocks and Foreign Asset Repatriation: Do Local Investors Play a Stabilizing Role? Author/Editor: Gustavo Adler, Marie-Louise Djigbenou, Sebastian Sosa. Release Date:April, 2014 We study the dynamic response of gross capital flows in emerging market economies to different global financial shocks, using a panel vector-autoregressive (PVAR) setting. Our focus lies primarily on more...
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