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dc.contributor.advisorCasares Polo, Migueles_ES
dc.contributor.advisorEzcurra Orayen, Robertoes_ES
dc.creatorVillar Olano, Alba deles_ES
dc.date.accessioned2019-08-23T07:39:08Z
dc.date.issued2019
dc.date.submitted2019-05-15
dc.identifier.urihttps://hdl.handle.net/2454/34616
dc.description.abstractThis thesis uses modern macroeconomic modeling techniques and panel data econometrics to quantitatively measure the determinants of financial globalization and its e↵ects on advanced and developing economies. The first two chapters of this thesis provide the starting point for the quantitative analysis of international gross capital flows and valuation e↵ects between two asymmetric countries and it serves policymakers to quantify these matters in an diaphanous manner. In the first chapter, I construct a novel two-country DSGE model with endogenous portfolio choice to study the role of structural asymmetries in explaining the size and composition of capital flows between emerging and advanced economies. In the second chapter, we calibrate an extension to the previous model in order to discuss the potential determinants of the large increase in Canadian Net Foreign Assets with the US observed after 2012. The last two chapters of this thesis provide an econometric analysis which uses empirical data at the world level to quantitatively measure economic integration determinants and its e↵ects. In the third chapter, we examine the link between economic globalization and spatial inequality in a panel of 142 countries over the period 1992-2012 using instrumental variable techniques. In the fourth chapter, I provide results to show how the Lucas Paradox has turned even more pronounced during the Great Recession than in the previous decades.en
dc.format.extent204 p.
dc.format.mimetypeapplication/pdfen
dc.language.isoengen
dc.subjectFinancial globalizationen
dc.subjectAdvanced and developing economiesen
dc.subjectEconometric analysisen
dc.subjectEconomic globalizationen
dc.subjectSpatial inequalityen
dc.subjectLucas paradoxen
dc.titleInternational capital flowsen
dc.typeinfo:eu-repo/semantics/doctoralThesisen
dc.typeTesis doctoral / Doktoretza tesiaes
dc.contributor.departmentUniversidad Pública de Navarra. Departamento de Economíaes_ES
dc.contributor.departmentNafarroako Unibertsitate Publikoa. Ekonomia Sailaeu
dc.rights.accessRightsinfo:eu-repo/semantics/embargoedAccessen
dc.rights.accessRightsAcceso embargado 2 años / 2 urteko bahituraes
dc.embargo.lift2021-05-15
dc.embargo.terms2021-05-15
dc.description.doctorateProgramPrograma de Doctorado en Economía, Empresa y Derecho (RD 99/2011)es_ES
dc.description.doctorateProgramEkonomiako, Enpresako eta Zuzenbideko Doktoretza Programa (ED 99/2011)eu


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