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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Gyntelberg, Jacob
Tác giả khác: Loretan, Mico, Tientip, Subhanij
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2012.
Loạt:IMF Working Papers; Working Paper ; No. 2012/214
Truy cập trực tuyến:Full text available on IMF