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Portfolio Flows in a two-country RBC model with financial intermediaries

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  • Haakon Kavli
  • Nicola Viegi

Abstract

Policy makers in emerging markets are increasingly preoccupied by the effect of global capital flows on the stability of their economy. Over the last decade, emerging markets have been battered by huge waves of capital inflows and outflows, seemingly unable to exert any control on their own economy. Commentators often argue that once a small […]

Suggested Citation

  • Haakon Kavli & Nicola Viegi, 2015. "Portfolio Flows in a two-country RBC model with financial intermediaries," Working Papers 45, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:45
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • F3 - International Economics - - International Finance
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F44 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Business Cycles

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