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Felipe Saffie

Assistant Professor of Business Administration · UVA Darden School of Business

Assistant Professor of Business Administration at UVA Darden, working on international finance, firm dynamics, trade and economic growth. NBER Faculty Research Fellow and Associate Editor of the Journal of Monetary Economics.

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Online First Review of Economic Studies Online 17 Jun 2026

The Micro and Macro Dynamics of Capital Flows

Felipe Saffie · Liliana Varela · Kei-Mu Yi

Using the 2001 Hungarian capital account liberalization as a quasi-natural experiment and census-level firm data covering the entire economy (1992–2008), the paper identifies two channels through …

International Finance Capital Flows Productivity Free Read ↗