@techreport{NBERw8171,
 title = "Country Risk and Capital Flow Reversals",
 author = "Assaf Razin and Efraim Sadka",
 institution = "National Bureau of Economic Research",
 type = "Working Paper",
 series = "Working Paper Series",
 number = "8171",
 year = "2001",
 month = "March",
 URL = "http://www.nber.org/papers/w8171",
 abstract = {A financial crisis with a capital flow reversal occurs when a country shifts abruptly from a 'good' equilibrium with a low country-specific risk premium to a 'bad' equilibrium with a high country-specific risk premium and no foreign credit.},
}