Browsing Departament d'Economia i Empresa by Author "Schmukler, Sergio L."

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Browsing Departament d'Economia i Empresa by Author "Schmukler, Sergio L."

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  • Broner, Fernando; Didier, Tatiana; Erce, Aitor; Schmukler, Sergio L. (2010)
    This paper analyzes the behavior of international capital flows by foreign and domestic agents, dubbed gross capital flows, over the business cycle and during financial crises. We show that gross capital flows are very ...
  • Broner, Fernando; Lorenzoni, Guido; Schmukler, Sergio L. (2003)
    We argue that one reason why emerging economies borrow short term is that it is cheaper than borrowing long term. This is especially the case during crises, as in these episodes the relative cost of long-term borrowing ...

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