The study analyses, through a panel data model, the determinants of the net capital flow (the net sum of direct investment, portfolio investment, financial derivatives and other investment) and its volatility for a group of nineteen emerging economies in the period of 1980-2011 and suggests a...

The recent financial crisis shed a new light on issues that, previously, were not perceived as serious or important. It highlighted the close ties between fiat money and government bonds denominated in it that imply a strong relationship between Treasury and Central Bank. Two ill-conceived views...

Determinative common factors of currency and financial crisis. This paper identifies and evaluates determinative common factors of currency and financial crisis in relation to 86 crises episodes between 1970-2004, based on factor analysis, cluster and discriminant analysis. One evidenced that...