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Liberalized Portfolio Capital Inflows in Emerging Markets: Sterilization, Expectations, and the Incompleteness of Interest Rate Convergence
9 references·16 citing·46 second hop
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(1974)A Model of Balance-of-Payments Crises (1979)The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988 (1991)Small States, Small Problems? Income, Growth, and Volatility in Small States (2000)Investing in the Peace: Economic Interdependence and International Conflict (2001)A simple measure of the intensity of capital controls (2003)Capital Inflows and the Real Exchange Rate: A Comparative Study of Asia and Latin America (2003)The Forgotten History of Domestic Debt (2011)Capital flows, exchange rate flexibility, and the real exchange rate (2012)ARCH modeling in finance (1992)Investor Psychology and Security Market Under‐ and Overreactions (1998)The Economics of Exchange Rates (2003)Chapter 34 The intertemporal approach to the current account (1995)Age Structure Dynamics in Asia and Dependence on Foreign Capital (1997)A Century of Current Account Dynamics (2002)
this work references cited by second hop

References

  • 1993Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors1,512 cited
  • 1989Forward Discount Bias: Is it an Exchange Risk Premium?715 cited
  • 1995Economic Effects and Structural Determinants of Capital Controls506 cited
  • 1974International Capital Flows and Portfolio Equilibrium327 cited
  • 1994THE CAPITAL INFLOWS PROBLEM: CONCEPTS AND ISSUES257 cited
  • 1985The Pricing of Bonds and Bank Loans in International Markets: An Empirical Analysis of Developing Countries' Foreign Borrowing248 cited
  • 2003QUANTIFYING INTERNATIONAL CAPITAL MOBILITY IN THE 1980s241 cited
  • 1990The Perils of Sterilization204 cited
  • 1993Exchange Rate Expectations and the Risk Premium: Tests For A Cross Section of 17 Currencies*87 cited

Cited by

  • 1999On the use of reserve requirements in dealing with capital flow problems120 cited
  • 2001The Role of Industrial Country Policies in Emerging Market Crises110 cited
  • 2000Verifiability and the Vanishing Intermediate Exchange Rate Regime103 cited
  • 2004A Failure Story: Politics and Financial Liberalization in Turkey, Revisiting the Revolving Door Hypothesis79 cited
  • 1998Country and Currency Risk Premia in an Emerging Market64 cited

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  • 2008THE ECONOMICS OF THE UNCOVERED INTEREST PARITY CONDITION FOR EMERGING MARKETS58 cited
  • 1998The surge in capital flows: analysis of ‘pull’ and ‘push’ factors56 cited
  • 2004A Survey of Financial Integration in East Asia; How Far? How Much Further to Go?55 cited
  • 1998Capital inflows, external shocks, and the real exchange rate54 cited
  • 2006Capital Inflows Problem in Selected Asian Economies in the 1990s Revisited: The Role of Monetary Sterilization*52 cited
  • 2006Modelling Currency Crises in Emerging Markets: A Dynamic Probit Model with Unobserved Heterogeneity and Autocorrelated Errors*47 cited
  • 1996Monetary Policy in Central and Eastern Europe46 cited
  • 1998Capital Account Regimes and the Developing Countries46 cited
  • 1998From Worldwide Capital Mobility to International Financial Integration: A Review Essay45 cited
  • 2001Full Dollarization: The Case of Panama45 cited
  • 2003An empirical investigation of asset price bubbles in Latin American emerging financial markets42 cited