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'...
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其他作者: | , |
格式: | 雜誌 |
語言: | English |
出版: |
Washington, D.C. :
International Monetary Fund,
2012.
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叢編: | IMF Working Papers; Working Paper ;
No. 2012/213 |
在線閱讀: | Full text available on IMF |