Author: Yin-Wong CheungPublisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 38
Book Description
Long-run Determinants of Stock Market Comovements in EMS Countries
Author: Yin-Wong CheungPublisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 38
Book Description
Macroeconomic Determinants of Long-term Stock Market Comovements Among Major EMS Countries
Author: Yin-Wong CheungPublisher:
ISBN:
Category : Business cycles
Languages : en
Pages : 36
Book Description
Surges
Author: Mr.Atish R. GhoshPublisher: International Monetary Fund
ISBN: 1463942303
Category : Business & Economics
Languages : en
Pages : 43
Book Description
This paper examines why surges in capital flows to emerging market economies (EMEs) occur, and what determines the allocation of capital across countries during such surge episodes. We use two different methodologies to identify surges in EMEs over 1980-2009, differentiating between those mainly caused by changes in the country's external liabilities (reflecting the investment decisions of foreigners), and those caused by changes in its assets (reflecting the decisions of residents). Global factors-including US interest rates and risk aversion¡-are key to determining whether a surge will occur, but domestic factors such as the country's external financing needs (as implied by an intertemporal optimizing model of the current account) and structural characteristics also matter, which explains why not all EMEs experience surges. Conditional on a surge occurring, moreover, the magnitude of the capital inflow depends largely on domestic factors including the country's external financing needs, and the exchange rate regime. Finally, while similar factors explain asset- and liability-driven surges, the latter are more sensitive to global factors and contagion.
Working Paper Series
Author: Publisher:
ISBN:
Category : Comparative economics
Languages : en
Pages : 636
Book Description
Ibss: Economics: 1999
Author: Compiled by the British Library of Political and Economic SciencePublisher: Psychology Press
ISBN: 9780415240093
Category : Business & Economics
Languages : en
Pages : 660
Book Description
IBSS is the essential tool for librarians, university departments, research institutions and any public or private institution whose work requires access to up-to-date and comprehensive knowledge of the social sciences
Working Paper
Author: Equity Price Variation in Pacific Basin Countries
Author: Yin-Wong CheungPublisher:
ISBN:
Category : Stock exchanges
Languages : en
Pages : 46
Book Description
Common Components in Regional Stock Markets
Author: Yin-Wong CheungPublisher:
ISBN:
Category : Rate of return
Languages : en
Pages : 40
Book Description
Advances in Investment Analysis and Portfolio Management (New Series) Vol．5
Author: Cheng F. LeePublisher: Center for PBBEFR & Airiti Press
ISBN: 9866286215
Category : Business & Economics
Languages : en
Pages :
Book Description
Advances in Investment Analysis and Portfolio Management (New Series) is an annual publication designed to disseminate developments in the area of investment analysis and portfolio management. The publication is a forum for statistical and quantitative analyses of issues in security analysis, portfolio management, options, futures, and other related issues. The objective is to promote interaction between academic research in finance, economics, and accounting and applied research in the financial community.
Are Recent Capital Inflows to Developing Countries a Vote for Or Against Economic Policy Reforms?
Author: Michael Patrick DooleyPublisher:
ISBN:
Category : Developing countries
Languages : en
Pages : 28
Book Description