Showing 41 - 50 of 56,482
Capital flows in today's arena is a hot topic attracting many researchers to do some contributions. International capital flows are rapidly increasing day by day with huge increases in volume of trade in equity and debt markets. This piece of work is an effort and a kind of approach in finding...
Persistent link: https://www.econbiz.de/10013137168
Macroeconomic studies of international capital flows have focused on (i) net capital flows across countries, (ii) gross capital flows or (iii) more rarely gross inflows (outflows) computed as the sum of foreign (domestic) acquisitions of domestic (foreign) assets in balance of payments data. In...
Persistent link: https://www.econbiz.de/10013116987
This study examines the impact of capital controls using monthly information to construct higher-frequency, quarterly indexes for Malaysia during the period 2000–2008 and Thailand over the period 2000–2010 in a vector auto-regression model. The results show that restrictions in Thailand have...
Persistent link: https://www.econbiz.de/10013124111
The paper aims to assess what influences volatility of capital flows to emerging countries and whether or not there is a spillover or contagion effect in the volatility. The empirical results suggest strong and significant contagion effects from global and regional volatilities on the volatility...
Persistent link: https://www.econbiz.de/10013098100
Net capital flows to emerging Asia rebounded at a record pace following the global financial crisis, raising concerns about overheating and financial stability. This paper documents the size and composition of the most recent surge to Asian emerging markets from a historical perspective and...
Persistent link: https://www.econbiz.de/10013102274
This paper examines stock market volatility measured by either “beta-volatility” or by the standard deviation of stock returns over 1995-2007. In our dynamic panel data framework, after controlling for size, turnover, and real output growth, we find some support to increases in financial...
Persistent link: https://www.econbiz.de/10013104028
Purpose: To dissect the dynamic linkages between foreign equity flows, exchange rates and equity returns in the Philippines.Design/Methodology/Approach: Using a parsimonious SVARX-GARCH model and unique daily equity flow data this research models the relationship between net equity flows,...
Persistent link: https://www.econbiz.de/10013067489
This paper examines the influence of political risk guarantees of bilateral investment treaties on debt and equity flows using panel data on middle income countries for the period 1984-2011. Adopting system GMM methodology, the paper empirically finds that ratified bilateral investment treaties...
Persistent link: https://www.econbiz.de/10013072300
We revisit the Feldstein-Horioka (FH) puzzle using data for 23 Organisation for Economic Co-operation and Development (OECD) countries for the period 1973-2003. We document a sharp decline in the FH coefficient from the mid-1990s onward, supporting the hypothesis of increased economic and...
Persistent link: https://www.econbiz.de/10013152338
We analyse euro area investors' portfolio rebalancing during the ECB's Asset Purchase Programme at the security level. Our empirical analysis shows that euro area investors (in particular investment funds and households) actively rebalanced away from securities targeted under the Public Sector...
Persistent link: https://www.econbiz.de/10012836534