Modelling fundamentals for forecasting c
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Ashoka Mody; Mark P. Taylor; Jung Yeon Kim
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Article
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2001
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John Wiley and Sons
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English
β 96 KB
## Abstract In this paper, we provide capital flow forecasts to 32 developing countries using a vector error correction framework based on underlying domestic (pull) fundamentals and international (push) factors. In general, pull factors have a heavier weight in determining these capital flows. How