Gross Capital Flows, Common Factors, and the Global Financial Cycle

Gross Capital Flows, Common Factors, and the Global Financial Cycle

This paper assesses the international comovement of gross capital inflows and outflows using a two-level factor model. Among advanced and emerging countries, capital flows exhibit strong commonality: common (global and country group-specific) facto...

Full description

Bibliographic Details
Main Authors: Barrot, Luis-Diego, Serven, Luis
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
CAPITAL FLOWS
BUSINESS CYCLES
GLOBAL FINANCIAL CYCLE
INTERNATIONAL CAPITAL MOVEMENT
COMMODITY PRICES
VIX
EXCHANGE RATES
INTEREST RATE
GLOBALIZATION
Online Access:http://documents.worldbank.org/curated/en/550301519324136710/Gross-capital-flows-common-factors-and-the-global-financial-cycle
http://hdl.handle.net/10986/29414

Internet

http://documents.worldbank.org/curated/en/550301519324136710/Gross-capital-flows-common-factors-and-the-global-financial-cycle
http://hdl.handle.net/10986/29414

Similar Items