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Credibility of emerging markets, foreign investors’ risk perceptions, and capital flows
Aguirre R., Álvaro; Fernández, Andrés; Kalemli-Ozcan, Sebnem (Banco Central de Chile, 2023-08-09)Emerging market economies (EMEs) are constantly exposed to shocks that originate in world capital markets, posing serious challenges to policymakers. By dealing with these shocks —Covid-19 representing the most recent ...