Arbeitspapier
How Persistent are International Capital Flows?
This paper documents the dynamic properties of the current account, trade balance and international capital flows. For this purpose, two approaches are taken: probit and a nonparametric estimation. The probabilistic approach shows that, in general, deficits and net inflows tend to be more persistent than surpluses and net outflows. This result is robust to either specification of pooled and country-specific probits. The results of non-parametric estimation are in line with the results obtained from the probit.
- Language
-
Englisch
- Bibliographic citation
-
Series: Economics Discussion Papers ; No. 2009-13
- Classification
-
Wirtschaft
International Finance: General
International Economics: General
- Subject
-
Capital flows
persistence
Internationale Kapitalmobilität
Leistungsbilanz
Zahlungsbilanzungleichgewicht
Schätzung
Welt
- Event
-
Geistige Schöpfung
- (who)
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Galstyan, Vahagn
- Event
-
Veröffentlichung
- (who)
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Kiel Institute for the World Economy (IfW)
- (where)
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Kiel
- (when)
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2009
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Galstyan, Vahagn
- Kiel Institute for the World Economy (IfW)
Time of origin
- 2009
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