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...
Príomhchruthaitheoir: | |
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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 |