SEOUL NATIONAL UNIVERSITY · CENTER FOR LAW & ECONOMICS
Center for Law & Economics, Seoul National UniversityCENTER FOR LAW & ECONOMICS
ECONOMICS · RESEARCH RECORD
GlobalMacroeconomics

Capital inflows boost output, even after accounting for expectations

AT A GLANCE

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Emerging market economies that are expected to perform well may attract more foreign capital, making it difficult to establish the causal effects of capital

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