Results 1 to 10 of about 957,948 (264)
When is FDI a Capital Flow? [PDF]
, 2006 In this paper we analyze the conditions under which a foreign direct investment (FDI) involves a net capital flow across countries. Frequently, foreign direct investment is financed in the host country without an international capital movement.
Marin, Dalia, Schnitzer, Monika
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International Capital Flows [PDF]
SSRN Electronic Journal, 2007 Abstract The surge in international asset trade since the early 1990s has lead to renewed interest in models with international portfolio choice. We develop the implications of portfolio choice for both gross and net international capital flows in the context of a simple two-country dynamic stochastic general equilibrium (DSGE) model. We focus on the
Cédric Tille, Eric Van Wincoop
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International Capital Flows and Speculation [PDF]
Journal of Risk and Financial Management, 2021 In response to questions about the relative importance of different types of capital flow for international competitiveness, we develop a structural vector auto-regressive model of the real exchange rate and international capital flows. We reveal that innovations to speculative sentiment cause changes in competitiveness.
Rob Hayward, Andros Gregoriou
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International Capital Flow Pressures [PDF]
SSRN Electronic Journal, 2018 Pressures on currencies manifest in exchange rate adjustments and international capital flows, and can also be offset by policy responses. This paper presents a theory-based measure of capital flow pressures, a new Exchange Market Pressure index, which combines pressures observed in exchange rate adjustments, official foreign exchange intervention and ...
Goldberg, Linda S., Krogstrup, Signe
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International Capital Flows [PDF]
Weltwirtschaftliches Archiv, 1999 Although capital is now generally free to move across national borders, there is strong evidence that savings tend to remain and to be invested in the country where the saving takes place. The current paper examines the apparent conflict between the potential mobility of capital and the observed de facto segmentation of the global capital market.
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Aging and International Capital Flows [PDF]
, 2001 Throughout the world, population aging is a major challenge that will continue well into the 21st century. While the patterns of the demographic transition are similar in most countries, timing differs substantially, in particular between industrialized and less developed countries. To the extent that capital is internationally mobile, population aging
Axel Börsch-Supan +2 more
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Controlling international capital flows [PDF]
Global Business and Economics Review, 1999 The East Asian financial crisis in the late 1990s has challenged the widely–held belief that international financial markets should be deregulated. The common arguments both for and against free international capital flows are analysed and contrasted. Given the existence of various distortions and market failures in the global economy, there is a case ...
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POPULATION AGING AND INTERNATIONAL CAPITAL FLOWS* [PDF]
International Economic Review, 2006 We use the neoclassical growth framework to model international capital flows in a world with exogenous demographic change. We compare model implications and actual current account data and find that the model explains a small but significant fraction of capital flows between OECD countries, in particular after 1985.
Domeij, David, Flodén, Martin
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International Capital Flow Reversals [PDF]
, 2019 Sudden stops in capital flows are a form of financial whiplash that creates instability and crises in the affected economies. Sudden stops in net capital flows trigger current account reversals as countries that were borrowing on net from the rest of the world before the stop can no longer finance current account deficits. Sudden stops in gross capital
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Decrypting New Age International Capital Flows
Journal of Monetary Economics, 2021 This paper employs high frequency transactions data on the world’s oldest and most extensive centralized peer-to-peer Bitcoin market, which enables trade in the currencies of more than 135 countries. It presents an algorithm that allows, with high probability, the detection of “crypto vehicle transactions” in which crypto currency is used to move ...
Clemens Graf von Luckner +2 more
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