Global Capital Flows Cycle
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While prior to the global financial crisis the empirical international capital flow literature has focused on net capital flows (the current account), since the
While prior to the global financial crisis the empirical international capital flow literature has focused on net capital flows (the current account), since the
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
Abstract In this paper we ask whether countries can influence their exposure to changes in global financial conditions. Specifically, we show that even though w
This study quantifies the importance of a Global Financial Cycle (GFCy) for capital flows. We use a panel of capital flow data dis-aggregated by direction and t