Keywords: Capital inflows
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Journal Articles
Journal of Economic Studies (2018) 45 (2): 326–347.
Published: 14 May 2018
... that surges end in output contractions, crises, and reversals of capital inflows. However, when one looks closely at the data, more than half of surges end in normal episodes at least four quarters following the last surge quarter. Findings The results show the varying significance of global and domestic...

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