Now showing items 1-1 of 1

    • How ETFs Amplify the Global Financial Cycle in Emerging Markets 

      Converse, Nathan; Levy Yeyati, Eduardo; Williams, Tomas (Center for International Development at Harvard University, 2019-05)
      Since the early 2000s exchange-traded funds (ETFs) have grown to become an important in- vestment vehicle worldwide. In this paper, we study how their growth affects the sensitivity of international capital flows to the ...