Following recent crises, cross-border capital flows have declined considerably, and many
advanced countries' banks are retrenching. At the same time, banks from emerging and …

The method of model averaging has become an important tool to deal with model
uncertainty, for example in situations where a large amount of different theories exist, as are …

This study quantifies the importance of a Global Financial Cycle (GFCy) for capital flows. We
use capital flow data dis-aggregated by direction and type between 1990Q1 and 2015Q5 for …

Countries' gross capital inflows are not equally affected by changes in global conditions.
Analyzing 21 advanced countries (ACs) and 33 emerging markets (EMs) between 2001 and …

The traditional approach to international finance is to view capital flows as the financial
counterpart to savings and investment decisions, assuming further that the GDP boundary …

This paper provides an analytical overview of the most widely used capital flow datasets.
The paper is written as a guide for academics who embark on empirical research projects …

We investigate the relationship between media sentiment and international equity prices
using a new dataset of 4 million news articles published between 1991 and 2015. Three key …

This chapter documents recent trends in international financial flows, based on a newly
assembled dataset covering 40 advanced and emerging countries. Specifically, we compare …

The paper investigates the role of country-specific factors in external monetary vulnerability
to global uncertainty shocks. We identify three structural determinants that may shape cross …

Foreign direct investment (FDI) inflows are important for economic development in all
countries, especially developing ones. In many developing countries, FDI inflows have …