Graphical Network Models for International Financial Flows
نویسندگان
چکیده
منابع مشابه
Foreign Trade and International Financial Flows: Implications for Economic Stability in the Selected ECOWAS Countries
T his study investigates the effects of extra-ECOWAS merchandise trade and investment flows on the transmission of business cycles in the selected ECOWAS between 1985 and 2014. The study finds that total trade and foreign direct investment (FDI) significantly influence the transmission of business cycles with elasticities of 1.1 and 0.7, respectively in the long run. There are little vari...
متن کاملCapital Flows and the International Financial System
It has become easier, with the passage of time, to forget what an extraordinary event the Asian financial crisis was. Before the crisis, the countries of east Asia had grown faster, for longer, than any other countries in recorded history. They had transformed their economies and the standard of living of their people in the course of a single generation. In 1960, some of the east Asian countri...
متن کاملFinancial Development and International Capital Flows
We develop a general equilibrium model with financial frictions in which equity and credit have different rates of return. Financial development raises the loan rate but has a non-monotonic effect on the equity return. We then show in a two-country model that capital account liberalization leads to outflow of financial capital from the country with less developed financial system. However, the ...
متن کاملGraphical Models and Belief Propagation-hierarchy for Optimal Physics-Constrained Network Flows
In this manuscript we review new ideas and first results on application of the Graphical Models approach, originated from Statistical Physics, Information Theory, Computer Science and Machine Learning, to optimization problems of network flow type with additional constraints related to the physics of the flow. We illustrate the general concepts on a number of enabling examples from power system...
متن کاملWhat drives international financial flows? Politics, institutions and other determinants
This paper uses a large panel of financial flow data from banks to assess how institutions affect international lending. First, employing a time varying composite institutional quality index in a fixed-effects framework, the paper shows that institutional improvements are followed by significant increases in international finance. Second, cross-sectional models also show a strong effect of init...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Business & Economic Statistics
سال: 2016
ISSN: 0735-0015,1537-2707
DOI: 10.1080/07350015.2015.1017643