Exchange Rate Fluctuations and International Portfolio Rebalancing in Thailand /

We present empirical evidence that the Thai baht's value is driven in part by investors' cross-border equity portfolio rebalancing decisions. Our results are based on comprehensive datasets of FX and stock market transactions undertaken by nonresident investors in Thailand in 2005 and 2006...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Gyntelberg, Jacob
Awduron Eraill: Loretan, Mico, Tientip, Subhanij
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2012.
Cyfres:IMF Working Papers; Working Paper ; No. 2012/214
Mynediad Ar-lein:Full text available on IMF