Narrow search
Showing 1 - 10 of 218
Cover Image
Delegated portfolio management, benchmarking, and the effects on financial markets
Igan, Deniz; Pinheiro, Marcelo - 2015
Persistent link: https://www.econbiz.de/10011373935
Cover Image
Use of Participatory Notes in Indian Equity Markets and Recent Regulatory Changes
Singh, Manmohan - 2007
This paper focuses on the use of participatory notes (PNs) by foreign investors, as a conduit for portfolio flows into Indian equity markets for more than a decade. The broadening of India''s foreign investor base, in recent years, has a bias towards hedge funds/unregistered foreign investors...
Persistent link: https://www.econbiz.de/10014401244
Cover Image
China's evolving exchange rate regime
Das, Sonali - 2019
renminbi has become more flexible over time but is still carefully managed, and depth and liquidity in the onshore FX market is …
Persistent link: https://www.econbiz.de/10012009461
Cover Image
Risks and vulnerabilities in the U.S. bond mutual fund industry
Bouveret, Antoine; Yu, Jie - 2021
This paper assesses liquidity risk for the United States (U.S.) bond mutual funds industry and performs a range of … Distress'. Overall, most U.S. mutual funds are resilient yet high yield (HY) and loan funds would face a liquidity shortfall …
Persistent link: https://www.econbiz.de/10012605013
Cover Image
Liquidity management under fixed exchange rate with open capital account
El Hamiani Khatat, Mariam; Veyrune, Romain Michel - 2019
This paper introduces a theoretical framework for liquidity management under fixed exchange rate arrangement, derived … close to the level implied by the Uncovered Interest Rate Parity (UIP). Liquidity management under fixed exchange rate with … an open capital account presents specific challenges due to: (1) the larger liquidity shocks induced by foreign reserve …
Persistent link: https://www.econbiz.de/10012009594
Cover Image
China's growing influence on Asian financial markets
Arslanalp, Serkan; Liao, Wei; Piao, Shi; Seneviratne, Dulani - 2016
This paper finds that financial spillovers from China to regional markets are on the rise. The main transmission channel appears to be trade linkages, although direct financial linkages are playing an increasing role. Without an impact on global risk premiums, China's influence on regional...
Persistent link: https://www.econbiz.de/10011715204
Cover Image
Carry trade vs. deposit-driven euroization
Geng, Nan; Scutaru, Tiberiu; Wiegand, Johannes - 2018
Financial 'euroization'-or 'dollarization' outside of Central and Eastern Europe-is typically analyzed as a singular phenomenon that can be traced to a common set of factors. This paper argues that two types of euroization need to be distinguished, which have different causes, economic...
Persistent link: https://www.econbiz.de/10011848140
Cover Image
International capital flow pressures
Goldberg, Linda S.; Krogstrup, Signe - 2018
This paper presents a new measure of capital flow pressures in the form of a recast Exchange Market Pressure index. The measure captures pressures that materialize in actual international capital flows as well as pressures that result in exchange rate adjustments. The formulation is...
Persistent link: https://www.econbiz.de/10011809564
Cover Image
Exchange rate fluctuations and international portfolio rebalancing in Thailand
Gyntelberg, Jacob; Loretan, Mico; Subhanij, Tientip - 2012
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....
Persistent link: https://www.econbiz.de/10009621634
Cover Image
Explaining Foreign Exchange Market Puzzles
Miller, Norman C. - 1999
The paper develops a flow model of the exchange rate with speculative capital flows integrated in a rigorous manner. The model is consistent with five foreign exchange market puzzles: (1) occasional discontinuous jumps in the exchange rate; (2) periodic short-term regimes of persistent...
Persistent link: https://www.econbiz.de/10014400707