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Capital flows to an emerging financial market in Turkey

✍ Scribed by Saziye Gazioglu


Publisher
Springer US
Year
2003
Tongue
English
Weight
602 KB
Volume
9
Category
Article
ISSN
1083-0898

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## 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