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Original Articles

Openness and capital flow volatility: comparisons between transition economies and Latin America

Pages 1177-1180 | Published online: 07 Feb 2011

References

  • Alfaro , L. , Kalemli-Ozcan , S. and Volosovych , V. Capital flows in a globalized world: the role of policies and institutions . National Bureau of Economic Research, Working Paper No. 11696 . Cambridge.
  • Neumann , R. and Penl , R. 2008 . Volatile capital flows: interactions between de Jure and de Facto financial liberalization . Economics Bulletin , 6 : 1 – 10 .
  • Neumann , R. , Penl , R. and Tanku , A. 2009 . Volatility of capital flows and financial liberalization: do specific flows respond differently? . International Review of Economics and Finance , 18 : 488 – 501 .
  • Pesaran , M. H. , Shin , Y. and Smith , R. J. 2001 . Bounds testing approaches to the analysis of level relationships . Journal of Applied Econometrics , 16 : 289 – 326 .

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