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When It Rains, It Pours: Procyclical Capital Flows and Macroeconomic Policies

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Outgoing claims: the papers this work cites, builds on, or argues with.

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inferredcites →https://doi.org/10.2139/ssrn.155910openalex-snapshot
The Science of Monetary Policy: A New Keynesian Perspective
inferredcites →https://doi.org/10.2139/ssrn.239288openalex-snapshot
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Capital Inflows and Real Exchange Rate Appreciation in Latin America: The Role of External Factors
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Business Cycles in Emerging Economies: The Role of Interest Rates
inferredcites →https://doi.org/10.3386/w5022openalex-snapshot
Measuring Business Cycles Approximate Band-Pass Filters for Economic Time Series
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Monetary Policy Rules in Practice: Some International Evidence
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Inflation Stabilization and BOP Crises in Developing Countries
inferredcites →https://doi.org/10.3386/w7499openalex-snapshot
Tax Base Variability and Procyclical Fiscal Policy

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Incoming claims: where this work appears in other papers’ reference lists and arguments.

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Fiscal Cyclicality in the Brazilian Economy: Something Is Changing
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Brazilian Fiscal Policy and Its Procyclical Nature: A Long-Term Analysis
inferred← citeshttps://doi.org/10.1080/13504851.2023.2187030openalex-snapshot
Fiscal rules and the cyclicality of fiscal policy in the East African community
inferred← citeshttps://doi.org/10.1080/14631377.2015.1026682openalex-snapshot
Austerity and growth in Central and Eastern Europe: understanding the link through contrasting crisis management in Hungary and Latvia
inferred← citeshttps://doi.org/10.1080/14631377.2016.1225457openalex-snapshot
Fiscal policy, business cycles and discretion: evidence from the Western Balkans
inferred← citeshttps://doi.org/10.1080/15140326.2025.2464505openalex-snapshot
A cross-sectional panel ARDL approach to fiscal sustainability analysis
inferred← citeshttps://doi.org/10.1080/1540496x.2019.1589446openalex-snapshot
Export Diversification and Fiscal Procyclicality
inferred← citeshttps://doi.org/10.1080/17520843.2015.1093011openalex-snapshot
Institutional Quality, Economic Freedom and Stock Market Volatility in the MENA Region
inferred← citeshttps://doi.org/10.1080/20780389.2016.1261630openalex-snapshot
Long-Term Dynamics of the State in Francophone West Africa: Fiscal Capacity Pathways 1850–2010
inferred← citeshttps://doi.org/10.1080/21606544.2022.2110162openalex-snapshot
The cyclicality of government environmental expenditure: political pressure in economic upturns and in recessions
inferred← citeshttps://doi.org/10.1086/595995openalex-snapshot
Capital Flow Bonanzas: An Encompassing View of the Past and Present
inferred← citeshttps://doi.org/10.1086/653972openalex-snapshot
Fiscal Divergence and Business Cycle Synchronization: Irresponsibility Is Idiosyncratic [with Comments]
inferred← citeshttps://doi.org/10.1086/657528openalex-snapshot
On Graduation from Default, Inflation, and Banking Crises: Elusive or Illusion?
inferred← citeshttps://doi.org/10.1086/718934openalex-snapshot
Self-Fulfilling Debt Crises, Revisited
inferred← citeshttps://doi.org/10.1086/724317openalex-snapshot
Fiscal Stimulus under Sovereign Risk
inferred← citeshttps://doi.org/10.1093/acprof:oso/9780199235889.003.0011openalex-snapshot
The Chinese Approach to Capital Inflows: Patterns and Possible Explanations
inferred← citeshttps://doi.org/10.1093/isq/sqad086openalex-snapshot
Defaulting Differently: The Political Economy of Sovereign Debt Restructuring Negotiations
inferred← citeshttps://doi.org/10.1093/jae/ejae030openalex-snapshot
Threshold and Spatial Effects of Fiscal Policy on Business Cycle Synchronisation in the Economic Community of West African States
inferred← citeshttps://doi.org/10.1093/jae/ejm029openalex-snapshot
Explaining Procyclical Fiscal Policy in African Countries
inferred← citeshttps://doi.org/10.1093/jae/ejw007openalex-snapshot
The Cyclical Nature of Fiscal Policy in Sub-Saharan Africa
inferred← citeshttps://doi.org/10.1093/jae/ejw008openalex-snapshot
International Financial Flows and Macro-Financial Risk in SSA
inferred← citeshttps://doi.org/10.1093/oep/gpab033openalex-snapshot
Heterogeneous gains from countercyclical fiscal policy: new evidence from international industry-level data
inferred← citeshttps://doi.org/10.1093/oxrep/grv035openalex-snapshot
Counterpart funding requirements and the foreign aid procyclicality puzzle
inferred← citeshttps://doi.org/10.1093/rfs/hhad067openalex-snapshot
Local Effects of Global Capital Flows: A China Shock in the U.S. Housing Market
inferred← citeshttps://doi.org/10.1093/rfs/hhad078openalex-snapshot
Exchange Rate Dynamics and Monetary Spillovers with Imperfect Financial Markets
inferred← citeshttps://doi.org/10.1093/rof/rfy030openalex-snapshot
Monetary Policy Spillovers and Currency Networks in Cross-Border Bank Lending: Lessons from the 2013 Fed Taper Tantrum
inferred← citeshttps://doi.org/10.1111/1467-8268.12354openalex-snapshot
Macroeconomic Consequences of Commodity Price Fluctuations in African Economies
inferred← citeshttps://doi.org/10.1111/1467-8268.12400openalex-snapshot
Single Currency in ECOWAS: Is the Proposed Fiscal Convergence Criterion Pro‐Growth?
inferred← citeshttps://doi.org/10.1111/1467-8268.12647openalex-snapshot
Intégration – commerciale, budgétaire, financière – régionale et inégalités de revenu dans la Communauté Economique des Etats de l'Afrique de l'Ouest (CEDEAO)
inferred← citeshttps://doi.org/10.1111/1468-0106.12094openalex-snapshot
International Financial Flows in Low‐Income Countries
inferred← citeshttps://doi.org/10.1111/boer.12250openalex-snapshot
On the neutrality of the exchange rate regime regarding real misalignments: Evidence from sub‐Saharan Africa
inferred← citeshttps://doi.org/10.1111/ecin.13008openalex-snapshot
Fiscal space and the procyclicality of fiscal policy: The case for making hay while the sun shines
inferred← citeshttps://doi.org/10.1111/ehr.13253openalex-snapshot
Fiscal policy under constraints: Fiscal capacity and austerity during the Great Depression
inferred← citeshttps://doi.org/10.1111/iere.12767openalex-snapshot
Sovereign Spreads and the Political Leaning of Nations
inferred← citeshttps://doi.org/10.1111/j.1467-9361.2009.00501.xopenalex-snapshot
Aid, Volatility, and Growth Again: When Aid Volatility Matters and When it Does Not
inferred← citeshttps://doi.org/10.1111/j.1468-0297.2011.02426.xopenalex-snapshot
The Forgotten History of Domestic Debt
inferred← citeshttps://doi.org/10.1111/j.1475-5890.2015.12044.xopenalex-snapshot
On the Consequences of Pro‐Cyclical Fiscal Policy
inferred← citeshttps://doi.org/10.1111/jmcb.12027openalex-snapshot
Real Exchange Rates and Fundamentals: A Cross-Country Perspective
inferred← citeshttps://doi.org/10.1111/jmcb.12861openalex-snapshot
Exchange Rate Sensitivity and the Net Foreign Asset Composition
inferred← citeshttps://doi.org/10.1111/kykl.12378openalex-snapshot
Are government expenditures more cyclical the more they finance the provision of public goods?
inferred← citeshttps://doi.org/10.1111/manc.12297openalex-snapshot
Characterizing Monetary and Fiscal Policy Rules and Interactions when Commodity Prices Matter
inferred← citeshttps://doi.org/10.1111/obes.70060openalex-snapshot
Assessing International Risk Sharing in Developing Countries
inferred← citeshttps://doi.org/10.1111/rode.12101openalex-snapshot
The Volatility of Foreign Portfolio Investment and the Access to Finance of Small Listed Firms
inferred← citeshttps://doi.org/10.1111/rode.12293openalex-snapshot
Fiscal Policy in Oil‐exporting Countries: The Roles of Oil Funds and Institutional Quality
inferred← citeshttps://doi.org/10.1111/rode.12710openalex-snapshot
Fiscal policy and economic activity in South Asia
inferred← citeshttps://doi.org/10.1111/roie.12513openalex-snapshot
Did 272 billion dollars from China help stabilize business cycle fluctuations in recipient countries?
inferred← citeshttps://doi.org/10.1111/roie.12692openalex-snapshot
Weather shocks and exchange rate flexibility
inferred← citeshttps://doi.org/10.1111/roie.12776openalex-snapshot
Determinants and international transmission of interest rates: Do foreign reserves and sovereign debt matter?
inferred← citeshttps://doi.org/10.1111/twec.12773openalex-snapshot
The volatility effect of diaspora's location
inferred← citeshttps://doi.org/10.1111/twec.13272openalex-snapshot
The Chinese‐style macroeconomic control: The role of state‐owned enterprises
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