Portfolio Flows, Global Risk Aversion and Asset Prices in Emerging Markets /
In recent years, portfolio flows to emerging markets have become increasingly large and volatile. Using weekly portfolio fund flows data, the paper finds that their short-run dynamics are driven mostly by global 'push' factors. To what extent do these cross-border flows and global risk ave...
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Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2014.
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Series: | IMF Working Papers; Working Paper ;
No. 2014/156 |
Acceso en liña: | Full text available on IMF |