Front Matter Page
IMF Institute
Authorized for distribution by Reza Vaez-Zadeh
Contents
I. Introduction
II. A Brief Review of the Literature
A. Determinants of Private Capital Flows
B. Contagion, Spillover and Herd Behavior
III. Model, Sample, and Data
IV. Empirical Results
A. Determinants of Capital Inflows
B. The Role of Capital Controls
C. Is there Evidence of Contagion in Capital Flows?
V. Conclusions and Future Research Agenda
References
Tables
1. Definition of Variables
2. Determinants of Capital Inflows Sample 1: 1977–84
3. Determinants of Capital Inflows Sample 2: 1987–94
4. Determinants of Capital Inflows Sample 3: 1987–96
5. Determinants of Capital Inflows Sample 4: 1987–97
6. Capital Controls (1990s; 27 countries)
7. Determinants of Capital Inflows when Introducing Similarity Indices
8. Determinants of Contagion
Annex
1. Country List