메뉴 건너뛰기




Volumn 18, Issue 3, 1999, Pages 367-381

International capital mobility in developing countries: Theory and evidence

Author keywords

Capital mobility; Consumption smoothing; Developing countries; F21; F32

Indexed keywords


EID: 0043231181     PISSN: 02615606     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0261-5606(99)85002-5     Document Type: Article
Times cited : (13)

References (25)
  • 1
    • 21444459670 scopus 로고    scopus 로고
    • Unit root tests of capital mobility in the less developed countries
    • Bagnai A., Manzocchi S. Unit root tests of capital mobility in the less developed countries. Weltwirtschaftliches Archiv. 132:1996;544-557.
    • (1996) Weltwirtschaftliches Archiv , vol.132 , pp. 544-557
    • Bagnai, A.1    Manzocchi, S.2
  • 2
    • 0027770395 scopus 로고
    • Explaining saving-investment correlations
    • Baxter M., Crucini M.J. Explaining saving-investment correlations. Am. Econ. Rev. 83:1993;416-436.
    • (1993) Am. Econ. Rev. , vol.83 , pp. 416-436
    • Baxter, M.1    Crucini, M.J.2
  • 3
    • 84936220056 scopus 로고
    • Cointegration and tests of present value models
    • Campbell J., Shiller R. Cointegration and tests of present value models. J. Pol. Econ. 93:1987;1062-1088.
    • (1987) J. Pol. Econ. , vol.93 , pp. 1062-1088
    • Campbell, J.1    Shiller, R.2
  • 4
    • 0024799488 scopus 로고
    • Finance and development: The Korean approach
    • Cho Y. Finance and development: The Korean approach. Oxford Rev. Econ. Pol. 5:1989;88-102.
    • (1989) Oxford Rev. Econ. Pol. , vol.5 , pp. 88-102
    • Cho, Y.1
  • 5
    • 0000472488 scopus 로고
    • Distribution of the estimators for autoregressive time series with a unit root
    • Dickey D.A., Fuller W.A. Distribution of the estimators for autoregressive time series with a unit root. Econometrica. 49:1981;1057-1072.
    • (1981) Econometrica , vol.49 , pp. 1057-1072
    • Dickey, D.A.1    Fuller, W.A.2
  • 6
    • 33751160760 scopus 로고
    • Domestic saving and international capital movements in the long run and in the short run
    • Feldstein M. Domestic saving and international capital movements in the long run and in the short run. Eur. Econ. Rev. 21:1983;139-151.
    • (1983) Eur. Econ. Rev. , vol.21 , pp. 139-151
    • Feldstein, M.1
  • 7
    • 84990172291 scopus 로고
    • Domestic saving and international capital flows
    • Feldstein M., Horioka C. Domestic saving and international capital flows. Econ. J. 90:1980;314-329.
    • (1980) Econ. J. , vol.90 , pp. 314-329
    • Feldstein, M.1    Horioka, C.2
  • 8
    • 45449122327 scopus 로고
    • Political vs. currency premia in international real interest differentials: A study of forward rates for 24 countries
    • Frankel J.A., MacArthur A. Political vs. currency premia in international real interest differentials: A study of forward rates for 24 countries. Eur. Econ. Rev. 32:1988;1083-1114.
    • (1988) Eur. Econ. Rev. , vol.32 , pp. 1083-1114
    • Frankel, J.A.1    MacArthur, A.2
  • 10
    • 0028892007 scopus 로고
    • International capital mobility amongst the major industrialised countries: Too little or too much
    • Ghosh A. International capital mobility amongst the major industrialised countries: Too little or too much. Econ. J. 128:1995;107-128.
    • (1995) Econ. J. , vol.128 , pp. 107-128
    • Ghosh, A.1
  • 11
    • 33745558413 scopus 로고
    • Global versus country-specific productivity shocks and the current account
    • Glick R., Rogoff K.S. Global versus country-specific productivity shocks and the current account. J. Monet. Econ. 35:1995;159-192.
    • (1995) J. Monet. Econ. , vol.35 , pp. 159-192
    • Glick, R.1    Rogoff, K.S.2
  • 12
    • 38249016268 scopus 로고
    • International capital mobility: Net versus gross stocks and flows
    • Golub S. International capital mobility: Net versus gross stocks and flows. J. Int. Mon. Finance. 9:1990;424-439.
    • (1990) J. Int. Mon. Finance , vol.9 , pp. 424-439
    • Golub, S.1
  • 13
    • 0032219503 scopus 로고    scopus 로고
    • International capital mobility in OECD countries: The Feldstein-Horioka 'puzzle' revisited
    • Hussein K.A. International capital mobility in OECD countries: The Feldstein-Horioka 'puzzle' revisited. Econ. Lett. 59:1998;237-242.
    • (1998) Econ. Lett. , vol.59 , pp. 237-242
    • Hussein, K.A.1
  • 15
    • 0037685822 scopus 로고
    • Are real interest rates equal across countries? An empirical investigation of international parity conditions
    • Mishkin F. Are real interest rates equal across countries? An empirical investigation of international parity conditions. J. Finance. 39:1984;1345-1358.
    • (1984) J. Finance , vol.39 , pp. 1345-1358
    • Mishkin, F.1
  • 16
    • 0030538445 scopus 로고    scopus 로고
    • A note on capital mobility
    • Moosa I. A note on capital mobility. South. Econ. J. 63:1996;248-254.
    • (1996) South. Econ. J. , vol.63 , pp. 248-254
    • Moosa, I.1
  • 18
    • 0002854114 scopus 로고
    • Capital mobility in the world economy: Theory and measurement
    • Obstfeld M. Capital mobility in the world economy: Theory and measurement. Carnegie-Rochester Conf. Ser. Pub. Pol. 31:1986;1-24.
    • (1986) Carnegie-Rochester Conf. Ser. Pub. Pol. , vol.31 , pp. 1-24
    • Obstfeld, M.1
  • 20
    • 0041806180 scopus 로고    scopus 로고
    • Current account imbalances in ASEAN countries: Are they a problem?
    • mimeo
    • Ostry J.D. Current account imbalances in ASEAN countries: Are they a problem? Int. Monet. Fund. 1996;. mimeo.
    • (1996) Int. Monet. Fund
    • Ostry, J.D.1
  • 21
    • 0000002850 scopus 로고
    • The current account and macroeconomic adjustment in the 1970s
    • Sachs J.D. The current account and macroeconomic adjustment in the 1970s. Brookings Pap. Econ. Act. 1:1981;201-268.
    • (1981) Brookings Pap. Econ. Act. , vol.1 , pp. 201-268
    • Sachs, J.D.1
  • 22
    • 84971946892 scopus 로고
    • Asymptotically efficient estimation of cointegration regressions
    • Saikonnen P. Asymptotically efficient estimation of cointegration regressions. Econometr. Theory. 7:1991;1-21.
    • (1991) Econometr. Theory , vol.7 , pp. 1-21
    • Saikonnen, P.1
  • 23
    • 0001527764 scopus 로고
    • A simple estimator of cointegrating vectors in higher order integrated systems
    • Stock J.H., Watson M.W. A simple estimator of cointegrating vectors in higher order integrated systems. Econometrica. 61:1993;783-820.
    • (1993) Econometrica , vol.61 , pp. 783-820
    • Stock, J.H.1    Watson, M.W.2
  • 24
    • 0000728598 scopus 로고
    • Covered interest parity: A high frequency, high-quality data study
    • Taylor M.P. Covered interest parity: A high frequency, high-quality data study. Economica. 54:1987;429-438.
    • (1987) Economica , vol.54 , pp. 429-438
    • Taylor, M.P.1
  • 25
    • 0041305513 scopus 로고
    • Liberalisation, crisis, intervention: The Chilean financial system 1975-85
    • Velasco A. Liberalisation, crisis, intervention: The Chilean financial system 1975-85. IMF Working Paper, No. 88/66. 1988.
    • (1988) IMF Working Paper, No. 88/66
    • Velasco, A.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.