TY - BOOK AU - Burger,John D. AU - Warnock,Francis E. AU - Warnock,Veronica Cacdac ED - National Bureau of Economic Research. TI - KFstar and Portfolio Inflows: A Focus on Latin America T2 - NBER working paper series PY - 2022/// CY - Cambridge, Mass. PB - National Bureau of Economic Research KW - International Finance KW - jelc N1 - September 2022; Hardcopy version available to institutional subscribers N2 - Latin American portfolio inflows show a strong tendency to revert to a natural level, KF*, over medium-run horizons. Deviations of actual flows from KF* provide policymakers with a real-time predictor of future flows, sudden stops and vulnerability to global shocks. Analysis of short-run deviations of flows from KF* reveals heterogeneous drivers: commodity prices for Brazil, Chile, and Mexico; risk tolerance for Argentina, Costa Rica, and Peru UR - https://www.nber.org/papers/w30453 UR - http://dx.doi.org/10.3386/w30453 ER -