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Private Information, Capital Flows, and Exchange Rates

Author/Editor: Jacob Gyntelberg, Mico Loretan, Subhanij Tientip.

Release Date:August, 2012

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 more...



Price: $18.00
Exchange Rate Fluctuations and International Portfolio Rebalancing in Thailand

Author/Editor: Jacob Gyntelberg, Mico Loretan, Subhanij Tientip.

Release Date:August, 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 more...



Price: $18.00