 | Balance of Payments Crises Under Inflation Targeting Author/Editor: Shujing Li, Isabel K Yan, Michael Kumhof. Release Date:April, 2007 This paper analyzes a small open economy model under inflation targeting. It shows why such a monetary regime is vulnerable to speculative attacks that take place over a short period rather than more...
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| The Determinants of International Portfolio Holdings and Home Bias Author/Editor: Shujing Li, Isabel K. Yan, Hamid Faruqee. Release Date:February, 2004 Despite the liberalization of foreign portfolio investment around the globe since the early 1980s, the home-bias phenomenon is still found to exist. Using a relatively new IMF survey dataset of more...
| Price: $15.00
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