Gelişmekte Olan Ekonomilerdeki Sermaye Akımları Oynaklığının Belirleyicileri
Özet
Referanslar
Agrippino, S. & Rey, H. (2014). “World Asset Markets and the Global Financial Cycle”. Technical report, Technical Report, Working Paper, London Business School.
Ahmed, S. & Zlate, A. (2014). “Capital flows to emerging market economies: A brave new world?”. Journal of International Money and Finance 48(PB), 221-248.
Alberola, E., Erce, A., Serena, J. M. (2016). “International reserves and gross capital flows Dynamics”. Journal of International Money and Finance 60, 151 - 171.
Alfaro, L.; Kalemli-Ozcan, S., Volosovych, V. (2007). “Capital flows in a globalized world: The role of policies and institutions”. University of Chicago Press, pp. 19-72.
Avdjiev S., Hardy B., Kalemli-Ozcan S. and Servén L. (2018) “Gross capital flows by banks, corporates and sovereigns”. BIS working paper https://www.bis.org/publ/work760.pdf (Erişim tarihi 06.06.2021).
Bekaert, G., Harvey, C. R. (1997). “Emerging equity market volatility”, Journal of Financial economics 43(1), 29--77.
Broner, F., Didier, T., Erce, A., and Schmukler, S.L. (2013). “Gross capital flows: Dynamics and crises”. Journal of Monetary Economics, 60(1), 113–133.
Broner, F., Ventura, J. (2016). “Rethinking the Effects of Financial Globalization”. The Quarterly Journal of Economics 131(3), 1497-1542.
Broto, C.; Díaz-Cassou, J. & Erce, A. (2011). “Measuring and explaining the volatility of capital flows to emerging countries”. Journal of Banking & Finance 35(8), 1941-1953.
Byrne, J. P., & Fiess, N. (2016). “International capital flows to emerging markets: National and global determinants”. Journal of International Money and Finance, 61, 82-100.
Budiman, Aida. (2002). “The Role of External Factors, the Volatility Analysis and the Impact of the Asian Crisis on Various Types of Flows in Selected Asian Countries”. Unpublished Ph.D. Dissertation, Claremont Graduate University, Claremont, Calif.
Calvo, G.A., Leiderman, L. , and Reinhart, C.M. (1993). “Capital inflows and real Exchange rate appreciation in latin america: the role of external factors”. Staff Papers, 40(1), 108–151.
Calvo, G.A., Leiderman, L. , and Reinhart, C.M. (1996). “Inflows of capital to developing countries in the 1990s”. Journal of economic perspectives, 10(2), 123–139.
Chinn M.D., Ito H. (2008). “A New Measure of Financial Openness”, Journal of Comparative Policy Analysis, Vol. 10, 309-322.
Claessens, S., Dooley, M.P., Warner, A., (1995). “Portfolio Capital Flows: Hot or Cold?”. The World Economic Review 9, 153—174.
Chuhan, P., Perez-Quiros, G., Popper, H., (1996). “International Capital Flows: Do Short-term Investment and Direct Investment Differ?”. Policy Research Working Paper No. 1507. The World Bank.
Eichengreen B., Gupta P. (2016). “Managing Sudden Stops”. Policy Research Working Paper;No. 7639. World Bank, Washington, DC. https://openknowledge.worldbank.org/handle/10986/24213 (Erişim tarihi 06.06.2021).
Forbes, K. J. & Warnock, F. E. (2012). “Capital flow waves: Surges, stops, flight, and retrenchment”. Journal of International Economics 88(2), 235-251.
Fratzscher, M. (2012). “Capital flows, push versus pull factors and the global financial crisis”. Journal of International Economics 88(2), 341-356.
Gallagher, K. P. & Tian, Y. (2014), “Regulating capital flows in emerging markets: the IMF and the global financial crisis”, Boston University-Global Economic Governance Initiative (GEGI) Working Paper, May (5).
Gabriele, A., K., B., A., P., (2000). “Instability and Volatility of Capital Flows to Developing Countries”. World Economy 23, 1031—1056.
Ghosh, A. R.; Qureshi, M. S.; Kim, J. I. & Zalduendo, J. (2014). “Surges”, Journal of International Economics 92(2). 266-285.
Guichard, S.(2017). “Findings of the recent literature on international capital flows: Implications and suggestions for further research”. OECD Economic Department Working Papers (1410).
IMF. (2013). “Balance of Payments Manual 6th edition”. https://www.imf.org/external/pubs/ft/bop/2007/pdf/bpm6.pdf (Erişim tarihi 06.06.2021).
IMF. (2017). “Global Financial Stability Report”. https://www.imf.org/~/media/Websites/IMF/imported-flagship-issues/external/pubs/ft/GFSR/2007/02/pdf/_textpdf.ashx (Erişim tarihi 06.06.2021).
IMF. (2021) “World Economic Outlook”. https://www.imf.org/en/Publications/WEO/Issues/2021/03/23/world-economic-outlook-april-2021 (Erişim tarihi 06.06.2021).
Kaminsky, G.L., Lizondo, S., Reinhart, C., (1998). “Leading Indicators of Currency Crises”. IMF Staff Papers 45, No. 1.
Koepke, R. (2015). “What Drives Capital Flows to Emerging Markets? A Survey of the Empirical Literature”. Technical report, University Library of Munich, Germany.
Kose, M.A., Prasad, E.S., and Terrones, M.E. (2009). “Does openness to international financial flows raise productivity growth?” Journal of International Money and Finance, 28(4), 554–580.
Lagoarde-Segot, T. (2009). “Financial reforms and time-varying microstructures in emerging equity markets”. Journal of Banking & Finance 33(10), 1755--1769.
Lynge Nielsen (2011). “Classifications of Countries Based on Their Level of Development: How it is Done and How it Could be Done Differntly?” IMF Working Paper WP/11/31.
Neumann, R. M.; Penl, R. and Tanku, A. (2009). “Volatility of capital flows and financial liberalization: Do specific flows respond differently?”. International review of economics & finance 18(3), 488-501.
Passari, E. & Rey, H. (2015). “Financial Flows and the International Monetary System” (21172). Technical report, National Bureau of Economic Research.
Quinn D.P., Inclan C. (1997). “The Origins of Financial Openness: A Study of Current and Capital Account Liberalization”, American Journal of Political Science, Vol. 41, No. 3, 771-813.
Reinhart, C.; Calvo, G. and Leiderman, L. (1993). “Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors”. (7125), Technical report. University Library of Munich, Germany.
Reinhart, C.; Calvo, G. and Leiderman, L. (1996). “Inflows of capital to developing countries in the 1990s”(13707). Technical report, University Library of Munich, Germany.
Ramos, C . (2002). “Capital Flows and Currency Crises: Evidence from Latin America”. Ph.D . dissertation . Claremont Graduate University.
Rigobon, R., Broner, F. A. (2005). “Why are Capital Flows So Much More Volatile in Emerging Than in Developed Countries?”. Documentos de Trabajo (Banco Central de Chile) (328), 1.
Sarno, L., Taylor, M.P., (1999). “Hot Money, Accounting Labels and the Permanence of Capital Flows to Developing Countries: An Empirical Investigation”. Journal of Development Economics 59, (2), 337-364.
Siemer, M.; Verdelhan, A. & Gourio, F. (2015). “Uncertainty and International Capital Flows” (880). Technical report, Society for Economic Dynamics.
Svirydzenka, Katsiaryna (2016). "Introducing a New Broad-based Index of Financial Development," IMF Working Papers 2016/005, International Monetary Fund.
Umutlu, M.; Akdeniz, L. and Altay-Salih, A. (2010). “The degree of financial liberalization and aggregated stock-return volatility in emerging markets”. Journal of banking & finance 34(3), 509-521.
World Bank (1997). “Private Capital Flows to Developing Countries: The Road to Financial Integration”. Washington DC.
Wu, Jing Cynthia and Xia, Fan Dora (2015). “Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound” Chicago Booth Research Paper No. 13-77.
Referanslar
Agrippino, S. & Rey, H. (2014). “World Asset Markets and the Global Financial Cycle”. Technical report, Technical Report, Working Paper, London Business School.
Ahmed, S. & Zlate, A. (2014). “Capital flows to emerging market economies: A brave new world?”. Journal of International Money and Finance 48(PB), 221-248.
Alberola, E., Erce, A., Serena, J. M. (2016). “International reserves and gross capital flows Dynamics”. Journal of International Money and Finance 60, 151 - 171.
Alfaro, L.; Kalemli-Ozcan, S., Volosovych, V. (2007). “Capital flows in a globalized world: The role of policies and institutions”. University of Chicago Press, pp. 19-72.
Avdjiev S., Hardy B., Kalemli-Ozcan S. and Servén L. (2018) “Gross capital flows by banks, corporates and sovereigns”. BIS working paper https://www.bis.org/publ/work760.pdf (Erişim tarihi 06.06.2021).
Bekaert, G., Harvey, C. R. (1997). “Emerging equity market volatility”, Journal of Financial economics 43(1), 29--77.
Broner, F., Didier, T., Erce, A., and Schmukler, S.L. (2013). “Gross capital flows: Dynamics and crises”. Journal of Monetary Economics, 60(1), 113–133.
Broner, F., Ventura, J. (2016). “Rethinking the Effects of Financial Globalization”. The Quarterly Journal of Economics 131(3), 1497-1542.
Broto, C.; Díaz-Cassou, J. & Erce, A. (2011). “Measuring and explaining the volatility of capital flows to emerging countries”. Journal of Banking & Finance 35(8), 1941-1953.
Byrne, J. P., & Fiess, N. (2016). “International capital flows to emerging markets: National and global determinants”. Journal of International Money and Finance, 61, 82-100.
Budiman, Aida. (2002). “The Role of External Factors, the Volatility Analysis and the Impact of the Asian Crisis on Various Types of Flows in Selected Asian Countries”. Unpublished Ph.D. Dissertation, Claremont Graduate University, Claremont, Calif.
Calvo, G.A., Leiderman, L. , and Reinhart, C.M. (1993). “Capital inflows and real Exchange rate appreciation in latin america: the role of external factors”. Staff Papers, 40(1), 108–151.
Calvo, G.A., Leiderman, L. , and Reinhart, C.M. (1996). “Inflows of capital to developing countries in the 1990s”. Journal of economic perspectives, 10(2), 123–139.
Chinn M.D., Ito H. (2008). “A New Measure of Financial Openness”, Journal of Comparative Policy Analysis, Vol. 10, 309-322.
Claessens, S., Dooley, M.P., Warner, A., (1995). “Portfolio Capital Flows: Hot or Cold?”. The World Economic Review 9, 153—174.
Chuhan, P., Perez-Quiros, G., Popper, H., (1996). “International Capital Flows: Do Short-term Investment and Direct Investment Differ?”. Policy Research Working Paper No. 1507. The World Bank.
Eichengreen B., Gupta P. (2016). “Managing Sudden Stops”. Policy Research Working Paper;No. 7639. World Bank, Washington, DC. https://openknowledge.worldbank.org/handle/10986/24213 (Erişim tarihi 06.06.2021).
Forbes, K. J. & Warnock, F. E. (2012). “Capital flow waves: Surges, stops, flight, and retrenchment”. Journal of International Economics 88(2), 235-251.
Fratzscher, M. (2012). “Capital flows, push versus pull factors and the global financial crisis”. Journal of International Economics 88(2), 341-356.
Gallagher, K. P. & Tian, Y. (2014), “Regulating capital flows in emerging markets: the IMF and the global financial crisis”, Boston University-Global Economic Governance Initiative (GEGI) Working Paper, May (5).
Gabriele, A., K., B., A., P., (2000). “Instability and Volatility of Capital Flows to Developing Countries”. World Economy 23, 1031—1056.
Ghosh, A. R.; Qureshi, M. S.; Kim, J. I. & Zalduendo, J. (2014). “Surges”, Journal of International Economics 92(2). 266-285.
Guichard, S.(2017). “Findings of the recent literature on international capital flows: Implications and suggestions for further research”. OECD Economic Department Working Papers (1410).
IMF. (2013). “Balance of Payments Manual 6th edition”. https://www.imf.org/external/pubs/ft/bop/2007/pdf/bpm6.pdf (Erişim tarihi 06.06.2021).
IMF. (2017). “Global Financial Stability Report”. https://www.imf.org/~/media/Websites/IMF/imported-flagship-issues/external/pubs/ft/GFSR/2007/02/pdf/_textpdf.ashx (Erişim tarihi 06.06.2021).
IMF. (2021) “World Economic Outlook”. https://www.imf.org/en/Publications/WEO/Issues/2021/03/23/world-economic-outlook-april-2021 (Erişim tarihi 06.06.2021).
Kaminsky, G.L., Lizondo, S., Reinhart, C., (1998). “Leading Indicators of Currency Crises”. IMF Staff Papers 45, No. 1.
Koepke, R. (2015). “What Drives Capital Flows to Emerging Markets? A Survey of the Empirical Literature”. Technical report, University Library of Munich, Germany.
Kose, M.A., Prasad, E.S., and Terrones, M.E. (2009). “Does openness to international financial flows raise productivity growth?” Journal of International Money and Finance, 28(4), 554–580.
Lagoarde-Segot, T. (2009). “Financial reforms and time-varying microstructures in emerging equity markets”. Journal of Banking & Finance 33(10), 1755--1769.
Lynge Nielsen (2011). “Classifications of Countries Based on Their Level of Development: How it is Done and How it Could be Done Differntly?” IMF Working Paper WP/11/31.
Neumann, R. M.; Penl, R. and Tanku, A. (2009). “Volatility of capital flows and financial liberalization: Do specific flows respond differently?”. International review of economics & finance 18(3), 488-501.
Passari, E. & Rey, H. (2015). “Financial Flows and the International Monetary System” (21172). Technical report, National Bureau of Economic Research.
Quinn D.P., Inclan C. (1997). “The Origins of Financial Openness: A Study of Current and Capital Account Liberalization”, American Journal of Political Science, Vol. 41, No. 3, 771-813.
Reinhart, C.; Calvo, G. and Leiderman, L. (1993). “Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors”. (7125), Technical report. University Library of Munich, Germany.
Reinhart, C.; Calvo, G. and Leiderman, L. (1996). “Inflows of capital to developing countries in the 1990s”(13707). Technical report, University Library of Munich, Germany.
Ramos, C . (2002). “Capital Flows and Currency Crises: Evidence from Latin America”. Ph.D . dissertation . Claremont Graduate University.
Rigobon, R., Broner, F. A. (2005). “Why are Capital Flows So Much More Volatile in Emerging Than in Developed Countries?”. Documentos de Trabajo (Banco Central de Chile) (328), 1.
Sarno, L., Taylor, M.P., (1999). “Hot Money, Accounting Labels and the Permanence of Capital Flows to Developing Countries: An Empirical Investigation”. Journal of Development Economics 59, (2), 337-364.
Siemer, M.; Verdelhan, A. & Gourio, F. (2015). “Uncertainty and International Capital Flows” (880). Technical report, Society for Economic Dynamics.
Svirydzenka, Katsiaryna (2016). "Introducing a New Broad-based Index of Financial Development," IMF Working Papers 2016/005, International Monetary Fund.
Umutlu, M.; Akdeniz, L. and Altay-Salih, A. (2010). “The degree of financial liberalization and aggregated stock-return volatility in emerging markets”. Journal of banking & finance 34(3), 509-521.
World Bank (1997). “Private Capital Flows to Developing Countries: The Road to Financial Integration”. Washington DC.
Wu, Jing Cynthia and Xia, Fan Dora (2015). “Measuring the Macroeconomic Impact of Monetary Policy at the Zero Lower Bound” Chicago Booth Research Paper No. 13-77.