Understanding the determinants of capital inflows is essential to designing an effective policy framework to manage volatile capital flows and their disruptive potential. This paper aims to identify factors that explain the size and volatility of various types of capital flows to developing...

The growth of financial markets has clearly outpaced the development of financial market regulations. With growing complexity in the world of finance and the resultant higher frequency of financial crises, all eyes have shifted toward the current inadequacy of financial regulation. This book...

The global financial crisis of 2008–2009 illustrates how financial turmoil in advanced economies could trigger severe financial stress in emerging markets. Previous studies dealing with financial crises and contagion show the linkages through which financial stress are transmitted from...

Purpose: The purpose of this paper is to consider the transition of surge episodes to stop episodes and differentiates between two types of surges, namely, surges that end in stops and surges that end in normal episodes. Design/methodology/approach: Previous studies show that surges end in...

Equity home bias remains a phenomenon and a puzzle. Recent studies show the importance of financial integration in explaining the observed decline of equity home bias in advanced economies. This paper takes a step in understanding this relationship in the context of Emerging Asia. Stock market...