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'...

Повний опис

Бібліографічні деталі
Автор: Gyntelberg, Jacob
Інші автори: Loretan, Mico, Tientip, Subhanij
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2012.
Серія:IMF Working Papers; Working Paper ; No. 2012/213
Онлайн доступ:Full text available on IMF