This paper investigates what factors affect the duration of sudden stops in capital flows using quarterly data for a large panel of countries. We find that coun

This paper investigates what factors affect the duration of sudden stops in capital flows using quarterly data for a large panel of countries. We find that coun

Selected Issues

A characteristic of many of the recent emerging market currency crises is a preceding surge in capital inflows and their reversals or 'sudden stops' during the

The recent reversal of capital flows to emerging markets has pointed up the continuing relevance of the sudden stop problem. This paper analyzes the sudden stop