Publication:
What Types of Capital Flows Help Improve International Risk Sharing?

Simple item page
dc.contributor.authorIslamaj, Ergys
dc.contributor.authorKose, M. Ayhan
dc.date.accessioned2021-11-18T16:19:23Z
dc.date.available2021-11-18T16:19:23Z
dc.date.issued2021-11
dc.description.abstractCross-border capital flows are expected to lead to increased international risk sharing by facilitating borrowing and lending in global financial markets. This paper examines risk-sharing outcomes of various types of capital flows (foreign direct investment, portfolio equity, debt, remittance, and aid flows) in a large sample of emerging market and developing economies. The results suggest that remittances and aid flows are associated with increased international risk sharing. Other types of capital flows are not consistently correlated with better risk-sharing outcomes. These findings are robust to the use of different econometric specifications, country-specific characteristics, and other controls.en
dc.identifierhttp://documents.worldbank.org/curated/undefined/227711636987478555/What-Types-of-Capital-Flows-Help-Improve-International-Risk-Sharing
dc.identifier.doi10.1596/1813-9450-9846
dc.identifier.urihttps://hdl.handle.net/10986/36599
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 9846
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectCAPITAL FLOWS
dc.subjectREMITTANCES
dc.subjectAID FLOWS
dc.subjectINTERNATIONAL RISK SHARING
dc.subjectFINANCIAL MARKETS
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectEQUITY CAPITAL
dc.subjectDEBT FLOWS
dc.subjectOFFICIAL DEVELOPMENT ASSISTANCE
dc.titleWhat Types of Capital Flows Help Improve International Risk Sharing?en
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleWhat Types of Capital Flows Help Improve International Risk Sharing?
okr.date.disclosure2021-11-15
okr.date.doiregistration2025-04-10T10:23:40.432573Z
okr.date.lastmodified2021-11-15T00:00:00Zen
okr.doctypePublications & Research
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://documents.worldbank.org/curated/undefined/227711636987478555/What-Types-of-Capital-Flows-Help-Improve-International-Risk-Sharing
okr.guid227711636987478555
okr.identifier.doi10.1596/1813-9450-9846
okr.identifier.externaldocumentum090224b088b6e7e2_1_0
okr.identifier.internaldocumentum33613861
okr.identifier.reportWPS9846
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/227711636987478555/pdf/What-Types-of-Capital-Flows-Help-Improve-International-Risk-Sharing.pdfen
okr.topicFinance and Financial Sector Development::Capital Markets and Capital Flows
okr.topicFinance and Financial Sector Development::Concessional Finance and Global Partnerships
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicInternational Economics and Trade::Capital Flows
okr.topicInternational Economics and Trade::Foreign Direct Investment
okr.unitOffice of the Chief Economist, East Asia; and the Pacific Region and the Prospects Group (EPGDR)
relation.isAuthorOfPublicationac9fefe8-9d4d-555d-bb68-f056fd7a3790
relation.isAuthorOfPublication.latestForDiscoveryac9fefe8-9d4d-555d-bb68-f056fd7a3790
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
What-Types-of-Capital-Flows-Help-Improve-International-Risk-Sharing.pdf
Size:
347.15 KB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
What-Types-of-Capital-Flows-Help-Improve-International-Risk-Sharing.txt
Size:
76.3 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers