Sudden stops of capital flows: Do foreign assets behave differently from foreign liabilities?
We study the determinants of sudden stops in capital flows to emerging markets. Using gross international asset and liability flows (from the point of view of domestic residents), we identify three types of situations: countries that do not experience any type of sudden stops; those who experience a...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
Elsevier Ltd
2019
|
Subjects: | |
Online Access: | View Fulltext in Publisher |