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
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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
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Objekttyp
- Arbeitspapier
Beteiligte
- Sikdar, Soumyen
- Osaka University, Institute of Social and Economic Research (ISER)
Entstanden
- 2008