Assuntos FiscaisBiblioteca Virtual
Procyclical Capital Flows (Kaminsky et al.)
jun 21, 2015, 1:37 PM 0
When it rains, it pours: Procyclical capital flows and macroeconomic policies by Graciela L. Kaminsky, Carmen M. Reinhart and Carlos A. Végh published by NBER (5/2005). “Any expert on financial crises in emerging markets could cite ample anecdotal evidence…