Showing 1 - 10 of 16,281
Purpose - The purpose of this paper is to investigate the impact of foreign capital shifts on economic activities and … autoregressive (TVAR) model to estimate the regimes of large and low inflows of foreign capital. Then, structural impulse … using quarterly data of foreign capital inflows, gross domestic product (GDP), consumer price index, credit to the private …
Persistent link: https://www.econbiz.de/10012515007
We examine whether there is a relationship between foreign equity trading and average total volatility, measured as the … value-weighted average of stock-return variances in the Istanbul Stock Exchange. We employ foreign equity purchase and sale … data to track changes in foreign equity trading, which not only enable us to capture effective foreign investor …
Persistent link: https://www.econbiz.de/10013091546
At a conceptual level, opening of capital markets entails a number of benefits and costs. One major cost of financial openness is output volatility. In this paper, using data from 21 advanced and 81 developing countries during 1971-2010, we empirically examine the impact of capital market...
Persistent link: https://www.econbiz.de/10014137125
Understanding the determinants of capital inflows is essential to designing an effective policy framework to manage volatile capital flows and their disruptive potential. This paper aims to identify factors that explain the size and volatility of various types of capital flows to developing Asia...
Persistent link: https://www.econbiz.de/10011283420
Developing countries are constrained in financing current account deficits as real capital mobility is still far from perfect. At the same time, capital flows to these countries proved to be extremely volatile. The paper argues that the long-term problem of "too little" should not be confused...
Persistent link: https://www.econbiz.de/10011495541
Understanding the determinants of capital inflows is essential to designing an effective policy framework to manage volatile capital flows and their disruptive potential. This paper aims to identify factors that explain the size and volatility of various types of capital flows to developing Asia...
Persistent link: https://www.econbiz.de/10012971930
We examine the role of local currency bond markets (LCBMs) and foreign investor participation in these markets in … emerging economies in terms of capitalization helps to mitigate against capital flow volatility, while foreign investor … stability perspective, whereby continued efforts to enhance LCBMs while reducing reliance on foreign investors should be …
Persistent link: https://www.econbiz.de/10013222008
Foreign Institutional Investors (FIIs) in the last 15 years. In India, major portion of FIIs has gone into equities since its …
Persistent link: https://www.econbiz.de/10013106255
Many argue that the yuan needs to appreciate to rebalance the People's Republic of China's trade. However, empirical evidence on the effects of a CNY appreciation on the People's Republic of China's exports has been mixed for the largest category of exports, processed exports. Since much of the...
Persistent link: https://www.econbiz.de/10003983107
Recent empirical studies provide evidence that financial deepness or the lack thereof plays a significant role in the oil price-current account nexus for oil-exporting countries. While oil price fluctuations are known to negatively impact the current account positions of net oil-importing...
Persistent link: https://www.econbiz.de/10012840310