과제정보
This work was supported by Kookmin University.
참고문헌
- Agosin, M. R. and F. Huaita (2012), "Overreaction in Capital Flows to Emerging Markets: Booms and Sudden Stops", Journal of International Money and Finance, 31(5), 1140-1155. https://doi.org/10.1016/j.jimonfin.2011.12.015
- Broner, F., T. Didier, A. Erce and S. L. Schmukler (2013), "Gross Capital Flows: Dynamics and Crises", Journal of Monetary Economics, 60(1), 113-133. https://doi.org/10.1016/j.jmoneco.2012.12.004
- Caballero, R. J. and A. Simsek (2020), "A Model of Fickle Capital Flows and Retrenchment", Journal of Political Economy, 128(6), 2288-2328. https://doi.org/10.1086/705719
- Calderon, C. and M. Kubota (2013), "Sudden Stops: Are Global and Local Investors Alike?", Journal of International Economics, 89(1), 122-142. https://doi.org/10.1016/j.jinteco.2012.05.010
- Calvo, G. A. and C. M. Reinhart (2002), "Fear of Floating", The Quarterly Journal of Economics, 117(2), 379-408. https://doi.org/10.1162/003355302753650274
- Cheung, Y. W., S. Steinkamp and F. Westermann (2020), "Capital Flight to Germany: Two Alternative Measures", Journal of International Money and Finance, 102, 102095. https://doi.org/10.1016/j.jimonfin.2019.102095
- Chinn, M. D. and H. Ito (2006), "What Matters for Financial Development? Capital Controls, Institutions, and Interactions", Journal of Development Economics, 81(1), 163-192. https://doi.org/10.1016/j.jdeveco.2005.05.010
- Cuddington, J. T. (1986), Capital Flight: Estimates, Issues, and Explanations, Princeton, NJ: Princeton University.
- Diamond, D. W. and R. G. Rajan (2009), Fear of Fire Sales and the Credit Freeze (NBER Working Paper, No. 14925), Cambridge, MA: National Bureau of Economic Research.
- Forbes, K. J. and F. E. Warnock (2012a), "Capital Flow Waves: Surges, Stops, Flight, and Retrenchment", Journal of International Economics, 88(2), 235-251. https://doi.org/10.1016/j.jinteco.2012.03.006
- Forbes, K. J. and F. E. Warnock (2012b), Debt- and Equity-Led Capital Flow Episodes (NBER Working Paper, No. 18329), Cambridge, MA: National Bureau of Economic Research.
- Fratzscher, M. (2012), "Capital Flows, Push versus Pull Factors and the Global Financial Crisis", Journal of International Economics, 88(2), 341-356. https://doi.org/10.1016/j.jinteco.2012.05.003
- Ghosh, A. R., J. D. Ostry and M. S. Qureshi (2016), "When Do Capital Inflow Surges End in Tears?", American Economic Review, 106(5), 581-585. https://doi.org/10.1257/aer.p20161015
- Ilzetzki, E., C. M. Reinhart and K. S. Rogoff (2017), Exchange Arrangements Entering the 21st Century: Which Anchor will Hold? (NBER Working Paper, No. 23134), Cambridge, MA: National Bureau of Economic Research.
- IMF (2012), The Liberalization and Management of Capital Flows: An Institutional View (International Monetary Fund Policy Papers), Washington, DC: Author.
- Laeven, L. and F. Valencia (2012), Systemic Banking Crises Database: An Update (IMF Working Paper, No. 12/163), Washington, DC: Author.
- Magud, N. E., C. M. Reinhart and K. S. Rogoff (2011), Capital Controls: Myth and Reality-a Portfolio Balance Approach (NBER Working Paper, No. 16805), Cambridge, MA: National Bureau of Economic Research.
- Milesi-Ferretti, G. M. and C. Tille (2011), "The Great Retrenchment: International Capital Flows During the Global Financial Crisis", Economic Policy, 26(66), 289-346. https://doi.org/10.1111/j.1468-0327.2011.00263.x
- Mishkin, F. S. (1999), "Lessons from the Asian Crisis", Journal of International Money and Finance, 18(4), 709-723. https://doi.org/10.1016/S0261-5606(99)00020-0
- Reinhart, C. M. and V. R. Reinhart (2008), Capital Flow Bonanzas: An Encompassing View of the Past and Present (NBER Working Paper, No. 14321), Cambridge, MA: National Bureau of Economic Research.
- Reinhart, C. M. and K. S. Rogoff (2009), This Time is Different: Eight Centuries of Financial Folly (1st ed.), Princeton, NJ: Princeton University Press.
- Schmidt, T. and L. Zwick (2015), "Uncertainty and Episodes of Extreme Capital Flows in the Euro Area", Economic Modelling, 48, 343-356. https://doi.org/10.1016/j.econmod.2014.10.047
- Shleifer, A. and R. W. Vishny (2010), "Asset Fire Sales and Credit Easing", American Economic Review, 100(2), 46-50. https://doi.org/10.1257/aer.100.2.46