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How Important is the Global Financial Cycle? Evidence from Capital Flows
16 references·16 citing·34 second hopsampled
How Important is the Global Financial Cycle? Evidence from Capital Flows (2019)How Important is the Global Financial Cyc…International Channels of Transmission of Monetary Policy and the Mundellian Trilemma (2016)International Channels of Tra…Financial Flows and the International Monetary System (2015)Financial Flows and the Inter…Dilemma not Trilemma: The Global Financial Cycle and Monetary Policy Independence (2015)Dilemma not Trilemma: The Glo…The Transmission of Federal Reserve Tapering News to Emerging Financial Markets (2014)The Transmission of Federal R…Cross-Border Banking and Global Liquidity (2014)Cross-Border Banking and Glob…Surges (2013)SurgesGross capital flows: Dynamics and crises (2013)Gross capital flows: Dynamics…Domestic Credit Growth and International Capital Flows* (2013)Domestic Credit Growth and In…Capital Flows and the Risk-Taking Channel of Monetary Policy (2013)Capital Flows and the Risk-Ta…Global Banking Glut and Loan Risk Premium (2012)Global Banking Glut and Loan …Capital flows, push versus pull factors and the global financial crisis (2012)Capital flows, push versus pu…Capital flow waves: Surges, stops, flight, and retrenchment (2012)Capital flow waves: Surges, s…Asset Fire Sales and Purchases and the International Transmission of Funding Shocks (2012)Asset Fire Sales and Purchase…The great retrenchment: international capital flows during the global financial crisis (2011)The great retrenchment: inter…Inflows of Capital to Developing Countries in the 1990s (1996)Inflows of Capital to Develop…Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors (1993)Capital Inflows and Real Exch…How ETFs Amplify the Global Financial Cycle in Emerging Markets (2023)How ETFs Amplify the Global F…Capital inflows to emerging countries and their sensitivity to the global financial cycle (2023)Capital inflows to emerging c…Review of The Institutional View on The Liberalization and Management of Capital Flows (2022)Review of The Institutional V…Here Comes the Change: The Role of Global and Domestic Factors in Post-Pandemic Inflation in Europe (2022)Here Comes the Change: The Ro…Foreign direct investment under uncertainty evidence from a large panel of countries (2022)Foreign direct investment und…Explaining Monetary Spillovers: The Matrix Reloaded (2022)Explaining Monetary Spillover…Capital flow waves—or ripples? Extreme capital flow movements since the crisis (2021)Capital flow waves—or ripples…Is the Chinese Economy Well Positioned to Fight the COVID-19 Pandemic? the Financial Cycle Perspective (2020)Is the Chinese Economy Well P…Global Macro-Financial Cycles and Spillovers (2020)Global Macro-Financial Cycles…Global drivers of gross and net capital flows (2020)Global drivers of gross and n…Capital Flow Waves—or Ripples? Extreme Capital Flow Movements Since the Crisis (2020)Capital Flow Waves—or Ripples…Push factors and capital flows to emerging markets: why knowing your lender matters more than fundamentals (2019)Push factors and capital flow…International bank lending channel of monetary policy (2019)International bank lending ch…International Capital Flow Pressures (2018)International Capital Flow Pr…A Modern Reincarnation of Mundell-Fleming's Trilemma (2018)A Modern Reincarnation of Mun…Gross Capital Flows by Banks, Corporates and Sovereigns (2017)Gross Capital Flows by Banks,…Alternative Explanations of the Money-Income Correlation (1986)New Indexes of Coincident and Leading Economic Indicators (1989)Capital Market Liberalization, Economic Growth, and Instability (2000)Effects on Financial Globalization on Developing Countries: Some Empirical Evidence (2004)The external wealth of nations mark II: Revised and extended estimates of foreign assets and liabilities, 1970–2004 (2007)Liquidity and leverage (2008)Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870–2008 (2012)International Liquidity and Exchange Rate Dynamics * (2015)Exchange Arrangements Entering the Twenty-First Century: Which Anchor will Hold?* (2019)The Wall Street Consensus (2021)Capital Mobility and Stabilization Policy Under Fixed and Flexible Exchange Rates (1963)Macro-prudential policies to mitigate financial system vulnerabilities (2013)US Monetary Policy and the Global Financial Cycle (2015)Another look at the instrumental variable estimation of error-components models (1995)The External Wealth of Nations Revisited: International Financial Integration in the Aftermath of the Global Financial Crisis (2018)Macroeconomics and Reality (1980)Forward and spot exchange rates (1984)Household Debt and Business Cycles Worldwide* (2017)A New Database on Financial Development and Structure (1999)A New Database on the Structure and Development of the Financial Sector (2000)A New Measure of Financial Openness (2008)Capital flows to emerging market economies: A brave new world? (2014)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)Stories of the Twentieth Century for the Twenty-First (2012)No Contagion, Only Interdependence: Measuring Stock Market Comovements (2002)Market Liquidity and Funding Liquidity (2008)The Global Crisis and Equity Market Contagion (2014)Measuring Geopolitical Risk (2018)Currency crashes in emerging markets: An empirical treatment (1996)This Time Is Different (2009)Sovereign debt markets in turbulent times: Creditor discrimination and crowding-out effects (2013)WHAT DRIVES CAPITAL FLOWS TO EMERGING MARKETS? A SURVEY OF THE EMPIRICAL LITERATURE (2018)Why Doesn't Capital Flow from Rich to Poor Countries? An Empirical Investigation (2008)U.S. Monetary Policy and the Global Financial Cycle (2020)
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References

  • 2015Dilemma not Trilemma: The Global Financial Cycle and Monetary Policy Independence2,090 cited
  • 2012Capital flow waves: Surges, stops, flight, and retrenchment1,579 cited
  • 1993Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors1,512 cited
  • 2013Capital Flows and the Risk-Taking Channel of Monetary Policy1,303 cited
  • 1996Inflows of Capital to Developing Countries in the 1990s1,096 cited
  • 2014Cross-Border Banking and Global Liquidity941 cited
  • 2012Capital flows, push versus pull factors and the global financial crisis751 cited
  • 2013Gross capital flows: Dynamics and crises712 cited
  • 2011The great retrenchment: international capital flows during the global financial crisis700 cited
  • 2012Global Banking Glut and Loan Risk Premium585 cited
  • 2016International Channels of Transmission of Monetary Policy and the Mundellian Trilemma479 cited
  • 2012Asset Fire Sales and Purchases and the International Transmission of Funding Shocks379 cited
  • 2013Domestic Credit Growth and International Capital Flows*304 cited
  • 2013Surges287 cited
  • 2014The Transmission of Federal Reserve Tapering News to Emerging Financial Markets

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256 cited
  • 2015Financial Flows and the International Monetary System250 cited
  • Cited by

    • 2019Push factors and capital flows to emerging markets: why knowing your lender matters more than fundamentals172 cited
    • 2021Capital flow waves—or ripples? Extreme capital flow movements since the crisis160 cited
    • 2020Is the Chinese Economy Well Positioned to Fight the COVID-19 Pandemic? the Financial Cycle Perspective92 cited
    • 2020Global drivers of gross and net capital flows86 cited
    • 2022Foreign direct investment under uncertainty evidence from a large panel of countries73 cited
    • 2023How ETFs Amplify the Global Financial Cycle in Emerging Markets72 cited
    • 2018A Modern Reincarnation of Mundell-Fleming's Trilemma72 cited
    • 2022Explaining Monetary Spillovers: The Matrix Reloaded68 cited
    • 2019International bank lending channel of monetary policy60 cited
    • 2022Review of The Institutional View on The Liberalization and Management of Capital Flows57 cited
    • 2017Gross Capital Flows by Banks, Corporates and Sovereigns54 cited
    • 2020Global Macro-Financial Cycles and Spillovers50 cited
    • 2022Here Comes the Change: The Role of Global and Domestic Factors in Post-Pandemic Inflation in Europe42 cited
    • 2023Capital inflows to emerging countries and their sensitivity to the global financial cycle39 cited
    • 2020Capital Flow Waves—or Ripples? Extreme Capital Flow Movements Since the Crisis37 cited
    • 2018International Capital Flow Pressures36 cited