Arbeitspapier

Capital inflow into developing economies: A macroeconomic study

External capital inflow on a massive scale into the emerging market economies is a very significant phenomenon of recent years. Making distinctions between direct investment, real and financial, and portfolio investment and incorporating crowding in or crowding out effects we derive some results about the impact of higher inflow on output, investment and the exchange rare. A formula is suggested for estimating the cost of central bank intervention.

Sprache
Englisch

Erschienen in
Series: ISER Discussion Paper ; No. 725

Klassifikation
Wirtschaft
General Aggregative Models: Keynes; Keynesian; Post-Keynesian
Current Account Adjustment; Short-term Capital Movements
Open Economy Macroeconomics
Thema
Foreign direct investment
Foreign portfolio investment
Foreign reserves
Flexible exchange rate

Ereignis
Geistige Schöpfung
(wer)
Sikdar, Soumyen
Ereignis
Veröffentlichung
(wer)
Osaka University, Institute of Social and Economic Research (ISER)
(wo)
Osaka
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
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Objekttyp

  • Arbeitspapier

Beteiligte

  • Sikdar, Soumyen
  • Osaka University, Institute of Social and Economic Research (ISER)

Entstanden

  • 2008

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