Capital Flow Waves: Surges, Stops, Flight, and Retrenchment
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This paper analyzes waves in international capital flows. We develop a new methodology for identifying episodes of extreme capital flow movements using data that differentiates activity by foreigners and domestics. We identify episodes of "surges" and "stops" (sharp increases and decreases,
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美国国家经济研究局创建时间：
2011-08-01
