Capital flows in a globalized world
the role of policies and institutions
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Author
Contributions
- Kalemli-Ozcan, Sebnem. - Contributor
- Volosovych, Vadym. - Contributor
- National Bureau of Economic Research. - Contributor
Publication
2005 - National Bureau of Economic Research, Cambridge, MA, Massachusetts
Language
English
Word Count
0 words, Guess
Page Count
0 pages
Physical Format
Electronic resource
Identifiers
- Library of Congress Control Number2005620754
- Open LibraryOL3479404M
Classifications
- LCCHB1
Description
"We describe the patterns of international capital flows in the period 1970 - 2000. We then examine the determinants of capital flows and capital flows volatility during this period. We find that institutional quality is an important determinant of capital flows. Historical determinants of current legal institutions have a direct effect on foreign investments. Policy plays a significant role in explaining the changes in the level of capital flows over time and their volatility"--National Bureau of Economic Research web site.
Subjects
Topics
Series Statement
- NBER working paper series ;
- working paper 11696
- Working paper series (National Bureau of Economic Research : Online) ;
- working paper no. 11696.
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