Series: IMF Working Papers
Author(s): Mark Carlson , and Leonardo Hernández
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 May 2002
Keywords: crisis, contagion, exchange rate, capital inflows, real exchange rate, net capital flows
The Mexican, Asian, and Russian crises of the mid- and late 1990s have renewed interest among policymakers in the determinants and effects of private capital inflows. This paper analyzes whether policies can affect...