Effect of long-term policies, institutions, political risk and information flows on capital flows

Mehmet Pinar, E Volkan

Research output: Contribution to conferencePaper

Abstract

This paper analyzes the empirical role of different types of long-term policies, institutional quality and political risk factors' impact on cross-country capital flows. Our findings suggest that the long-term institutional quality of countries explains the variation in capital flows across countries. Even though the long-term institutional quality factors are important to attract higher capital flows, none of these proxies explain the Lucas paradox (i.e., why poor countries receive relatively low levels of capital flows).
Original languageEnglish
Publication statusPublished - 18 Sep 2016
EventRimini Conference in Economics and Finance - Waterloo, Canada
Duration: 16 Sep 201618 Sep 2016

Conference

ConferenceRimini Conference in Economics and Finance
CountryCanada
CityWaterloo
Period16/09/1618/09/16

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