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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Aitken, Brian
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 1996.
Sraith:IMF Working Papers; Working Paper ; No. 1996/034
Rochtain ar líne:Full text available on IMF