NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

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

Graciela L. Kaminsky, Carmen M. Reinhart, Carlos A. Végh

Chapter in NBER book NBER Macroeconomics Annual 2004, Volume 19 (2005), Mark Gertler and Kenneth Rogoff, editors (p. 11 - 82)
Published in April 2005 by MIT Press
in NBER Book Series NBER Macroeconomics Annual

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This chapter first appeared as NBER working paper w10780, When it Rains, it Pours: Procyclical Capital Flows and Macroeconomic Policies, Graciela L. Kaminsky, Carmen M. Reinhart, Carlos A. Vegh
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