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...
| 主要作者: | |
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| 格式: | 雜誌 |
| 語言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
1996.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 1996/034 |
| 在線閱讀: | Full text available on IMF |