What Makes International Capital Flows So Volatile?: Push vs. Pull Factors in the Case of Korea

This paper analyzes the determinants of financial capital flows in Korea, which provides an intriguing case for examining the volatility of such flows as an almost fully opened capital market. Our empirical analysis finds both pull and push factors have significantly affected all three types of fore...

Full description

Bibliographic Details
Main Authors: Tae-Joon Kim, Jai-Won Ryou
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 2010-12-01
Series:East Asian Economic Review
Subjects:
Online Access:http://dx.doi.org/10.11644/KIEP.JEAI.2010.14.2.220