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Expectations-based Capital Inflow Shocks

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NBER2026-09-01 更新2026-09-11 收录
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Identifying the impact of capital inflows on output is challenging because inflows are forward-looking and respond to expectations about future economic conditions. We develop a new measure of capital inflow shocks using a simple and broadly applicable expectations-based framework that isolates the

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2026-09-01
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