Have Institutional Investors Destabilized Emerging Markets? /
In the past few years there has been a large increase in portfolio capital flows into emerging markets, mostly fueled by mutual funds and other institutional investors. Based on a simple variance ratio test, this paper finds that emerging stock markets as a group experienced a sharp increase in auto...
Prif Awdur: | |
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Fformat: | Cylchgrawn |
Iaith: | English |
Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
1996.
|
Cyfres: | IMF Working Papers; Working Paper ;
No. 1996/034 |
Mynediad Ar-lein: | Full text available on IMF |