Appendix A. Data
Table A.1 lists the data sources used in the analysis. The country coverage is reported in Table A.2. The sample consists of 38 EMs, based on the April 2020 World Economic Outlook classification, from the first quarter of 2000 to the last quarter of 2016. The criteria used for the country and period selection are: (i) a population larger than one million, (ii) at least 10 years of GDP data, (iii) at least 5 years of data for net capital inflows, (iv) data on macroprudential regulation from the iMaPP databases of Alam et al. (2019).