Private Information, Capital Flows, and Exchange Rates /
We demonstrate empirically that not all capital flows influence exchange rates equally: Capital flows induced by foreign investors' stock market transactions have both an economically significant and a permanent impact on exchange rates, whereas capital flows induced by foreign investors'...
1. autor: | |
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Kolejni autorzy: | , |
Format: | Czasopismo |
Język: | English |
Wydane: |
Washington, D.C. :
International Monetary Fund,
2012.
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Seria: | IMF Working Papers; Working Paper ;
No. 2012/213 |
Dostęp online: | Full text available on IMF |