Devaluation Expectations and the Stock Market : The Case of Mexico in 1994/95 /
Using company-level data, this paper examines the relative stock-market performance of firms with different foreign-exchange exposures around the time of the 1994/95 Mexican crisis. Contrary to what one might have expected given the alleged peso overvaluation, exporting firms outperformed the market...
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其他作者: | , |
格式: | 杂志 |
语言: | English |
出版: |
Washington, D.C. :
International Monetary Fund,
2000.
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丛编: | IMF Working Papers; Working Paper ;
No. 2000/028 |
在线阅读: | Full text available on IMF |