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International Capital Flows

The research on international capital flows studies the following type of questions: 

  • Why does capital flow from rich to poor countries? 
  • How do capital flows to developing countries behave?
  • What are the effects of those flows? 
  • Who channel those flows? 
  • What should governments do to manage capital flows safely?

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Publications and Working Papers

Journal articles, book chapters, and other publications
This page lists recent scholarly publications by staff working in the area of Macroeconomics and Growth.  Publications are organized by topic and appear in reverse chronological order.

The Policy Research Working Paper Series dissseminates findings of work in progress to encourage the exchange of ideas about development issues.  These are official working papers of the World Bank and are drawn from the World Bank's institutional archives. Each link opens a page with an abstract of the document and several download options. Choose the 'light-weight documents' option for easy download.


WPS6072On the international transmission of shocks : micro-evidence from mutual fund portfoliosRaddatz, Claudio; Schmukler, Sergio L.2012/05
WPS5700Deconstructing herding : evidence from pension fund investment behaviorRaddatz, Claudio; Schmukler, Sergio L.2011/06
WPS5174Valuation effects with transitory and trend productivity shocksNguyen, Ha Minh2010/01
WPS4872Multilateral debt relief through the eyes of financial marketsRaddatz, Claudio2009/03
WPS4807Are all the sacred cows dead ? implications of the financial crisis for macro and financial policiesDemirguc-Kunt, Asli; Serven, Luis2009/01

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