Capital account liberalization and economic performance: survey and synthesis
This paper surveys the literature on the effects of capital account openness and stock market
liberalization on economic growth and provides a synthesis in which we reconcile some of …
liberalization on economic growth and provides a synthesis in which we reconcile some of …
[HTML][HTML] Understanding economic openness: a review of existing measures
This paper surveys measures of economic openness, the latter being understood as the
degree to which non-domestic actors can or do participate in a domestic economy. Based on …
degree to which non-domestic actors can or do participate in a domestic economy. Based on …
The external wealth of nations mark II: Revised and extended estimates of foreign assets and liabilities, 1970–2004
PR Lane, GM Milesi-Ferretti - Journal of international Economics, 2007 - Elsevier
We construct estimates of external assets and liabilities for 145 countries for 1970–2004. We
describe our estimation methods and key features of the data at the country and global level …
describe our estimation methods and key features of the data at the country and global level …
Effects of financial globalization on developing countries: some empirical evidence
The recent wave of financial globalization since the mid-1980s has been marked by a surge
in capital flows among industrial countries and, more notably, between industrial and …
in capital flows among industrial countries and, more notably, between industrial and …
[图书][B] Globalization/anti-globalization: Beyond the great divide
D Held, A McGrew - 2007 - books.google.com
Is globalization being eclipsed by a resurgent geopolitics? Does the war on terror denote the
end of globalization or a new phase of militarized globalization? Empire or globalization-are …
end of globalization or a new phase of militarized globalization? Empire or globalization-are …
Home bias in open economy financial macroeconomics
N Coeurdacier, H Rey - Journal of Economic Literature, 2013 - pubs.aeaweb.org
Home bias is a perennial feature of international capital markets. We review various
explanations of this puzzling phenomenon highlighting recent developments in …
explanations of this puzzling phenomenon highlighting recent developments in …
Exchange rates, equity prices, and capital flows
We develop an equilibrium model in which exchange rates, stock prices, and capital flows
are jointly determined under incomplete foreign exchange (forex) risk trading. Incomplete …
are jointly determined under incomplete foreign exchange (forex) risk trading. Incomplete …
Financial integration and macroeconomic volatility
This paper examines the impact of international financial integration on macroeconomic
volatility. Economic theory does not provide a clear guide to the effects of financial …
volatility. Economic theory does not provide a clear guide to the effects of financial …
International investment patterns
PR Lane, GM Milesi-Ferretti - The Review of Economics and Statistics, 2008 - direct.mit.edu
We provide a systematic analysis of the bilateral factors driving portfolio equity holdings
across countries. We find that bilateral equity holdings are strongly correlated with bilateral …
across countries. We find that bilateral equity holdings are strongly correlated with bilateral …
Understanding the evolution of world business cycles
This paper studies the changes in world business cycles during the period 1960–2003. We
employ a Bayesian dynamic latent factor model to estimate common and country-specific …
employ a Bayesian dynamic latent factor model to estimate common and country-specific …