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- W2149105539 abstract "The Mexican, Asian, and Russian crises of the mid- and late 1990s, have renewed the interest among policymakers in the determinants and effects of private capital flows. This paper analyzes whether policies can affect the composition of capital inflows and whether different compositions aggravate crises. We find that, while fundamentals matter, capital controls can affect the mix of capital inflows that countries receive. We find that during the Asian crisis countries with more Yen denominated debt faired worse, while during the Mexican crisis larger short-term debt stocks increased the severity of the crisis." @default.
- W2149105539 created "2016-06-24" @default.
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- W2149105539 date "2002-05-01" @default.
- W2149105539 modified "2023-09-29" @default.
- W2149105539 title "Determinants and Repercussions of the Composition of Capital Inflows" @default.
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- W2149105539 doi "https://doi.org/10.5089/9781451850895.001.a001" @default.
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