We propose a dynamic factor model with time-varying parameters and stochastic volatility to
analyze the relationship between global factors and country-specific capital flow dynamics …

Capital inflows may lead to financial vulnerabilities by fuelling domestic credit booms, the so-
called “capital flows-credit growth nexus”, which is of particular importance for emerging …

An important channel through which capital flows may lead to financial vulnerabilities is by
fuelling domestic credit booms, the so-called “capital flows-credit growth nexus”. This paper …

Krisis paling sering terjadi karena prosiklikalitas harga aset, kredit bank, dan arus modal
asing. Adanya kebijakan makroprudensial diharapkan dapat memitigasi terjadinya krisis …

Volatile capital flows pose serious risks to economic growth and financial stability. This
paper investigates the link between economic performance and gross capital flows volatility …

Almost all the empirical analyses on the effectiveness of macroprudential policies (MPPs)
investigate the impact on domestic variables, such as credit growth as well as asset and …