Private Information, Capital Flows, and Exchange Rates - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Private Information, Capital Flows, and Exchange Rates write by Mr.Jacob Gyntelberg. This book was released on 2012-08-01. Private Information, Capital Flows, and Exchange Rates available in PDF, EPUB and Kindle. We demonstrate empirically that not all capital flows influence exchange rates equally: Capital flows induced by foreign investors’ stock market transactions have both an economically significant and a permanent impact on exchange rates, whereas capital flows induced by foreign investors’ transactions in government bond markets do not. We relate these differences in the price impact of capital flows to differences in the amounts of private information conveyed by these flows. Our empirical findings are based on novel, daily-frequency datasets on prices and quantities of all transactions of foreign investors in the stock, bond, and onshore FX markets of Thailand.
Private Information, Capital Flows, and Exchange Rates
Private Information, Capital Flows, and Exchange Rates - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Private Information, Capital Flows, and Exchange Rates write by . This book was released on 2015. Private Information, Capital Flows, and Exchange Rates available in PDF, EPUB and Kindle.
Exchange Rates, Capital Flows, and Monetary Policy in a Changing World Economy
Exchange Rates, Capital Flows, and Monetary Policy in a Changing World Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Exchange Rates, Capital Flows, and Monetary Policy in a Changing World Economy write by William C. Gruben. This book was released on 2012-12-06. Exchange Rates, Capital Flows, and Monetary Policy in a Changing World Economy available in PDF, EPUB and Kindle. The dramatic growth of international capital flow has provided unprecedented opportunities and risks in emerging markets. This book is the result of a conference exploring this phenomenon, sponsored by the Federal Reserve Bank of Dallas. The issues explored include direct versus portfolio investment; exchange rates and economic growth; and optimal exchange rate policy for stabilizing inflation in developing countries. It concludes with a panel discussion on central bank coordination in the midst of exchange rate instability.
Capital Flows, Exchange Rate Flexibility, and the Real Exchange Rate
Capital Flows, Exchange Rate Flexibility, and the Real Exchange Rate - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Capital Flows, Exchange Rate Flexibility, and the Real Exchange Rate write by Mr.Tidiane Kinda. This book was released on 2011-01-01. Capital Flows, Exchange Rate Flexibility, and the Real Exchange Rate available in PDF, EPUB and Kindle. This paper analyzes the impact of capital inflows and exchange rate flexibility on the real exchange rate in developing countries based on panel cointegration techniques. The results show that public and private flows are associated with a real exchange rate appreciation. Among private flows, portfolio investment has the highest appreciation effect-almost seven times that of foreign direct investment or bank loans-and private transfers have the lowest effect. Using a de facto measure of exchange rate flexibility, we find that a more flexible exchange rate helps to dampen appreciation of the real exchange rate stemming from capital inflows.
Managing Capital Flows and Exchange Rates
Managing Capital Flows and Exchange Rates - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Managing Capital Flows and Exchange Rates write by Reuven Glick. This book was released on 1998-06-13. Managing Capital Flows and Exchange Rates available in PDF, EPUB and Kindle. "This is a very timely book that brings the reader to the forefront of current research on macroeconomic policy issues in economies subject to sizable capital flows".--Guillermo A. Calvo, University of Maryland.
