OxTalks will soon move to the new Halo platform and will become 'Oxford Events.' There will be a need for an OxTalks freeze. This was previously planned for Friday 14th November – a new date will be shared as soon as it is available (full details will be available on the Staff Gateway).
In the meantime, the OxTalks site will remain active and events will continue to be published.
If staff have any questions about the Oxford Events launch, please contact halo@digital.ox.ac.uk
Capital flows from equal to unequal countries. We find this to be true in both advanced and in emerging economies, and we find this result to be largely driven by private savings. We introduce a model that can rationalize this fact: more unequal countries endogenously develop deeper financial markets. These markets, in turn, allow households in unequal countries to borrow more, hence the observed direction of capital flows.
