| dc.contributor.advisor |
Banerjee, Biswajit |
|
| dc.contributor.author |
Maddy-Weitzman, Daniel |
|
| dc.date.accessioned |
2012-08-27T18:48:47Z |
|
| dc.date.available |
2012-08-27T18:48:47Z |
|
| dc.date.issued |
2012 |
|
| dc.identifier.uri |
http://hdl.handle.net/10066/9064 |
|
| dc.description.abstract |
Driven by the desire to reduce the currency mismatch associated with
foreign-currency borrowing, Emerging Market countries have developed their local
currency bond markets over the past decade. As foreign investors have increased
their participation in this asset class, some risks remain. This paper analyzes the
impact of foreign investment flows on local-currency bond yields of 16 countries
from 2006-2011. Results indicate that foreign investor inflows reduce borrowing
costs, but outflows are associated with greater volatility during the financial crisis. |
en |
| dc.description.provenance |
Made available in DSpace on 2012-08-27T18:48:47Z (GMT). No. of bitstreams: 2
2012MaddyWeitzmanD_release.pdf: 458085 bytes, checksum: d6cbc65753d723154c5f4976c523c3a0 (MD5)
2012MaddyWeitzmanD_thesis.pdf: 743092 bytes, checksum: 16a59d9d06a93301b8a7118635b7f7dd (MD5) |
en |
| dc.description.provenance |
Submitted by Haverford Student (library@haverford.edu) on 2012-05-30T13:18:05Z
No. of bitstreams: 2
2012MaddyWeitzmanD_release.pdf: 458085 bytes, checksum: d6cbc65753d723154c5f4976c523c3a0 (MD5)
2012MaddyWeitzmanD_thesis.pdf: 743092 bytes, checksum: 16a59d9d06a93301b8a7118635b7f7dd (MD5) |
en |
| dc.description.sponsorship |
Haverford College. Dept. of Economics |
|
| dc.language.iso |
en_US |
en |
| dc.rights.uri |
http://creativecommons.org/licenses/by-nc/3.0/us/ |
|
| dc.subject.lcsh |
Currency question -- Developing countries -- Econometric models |
|
| dc.subject.lcsh |
Bond market -- Developing countries -- Econometric models |
|
| dc.subject.lcsh |
Investments, Foreign -- Developing countries -- Econometric models |
|
| dc.title |
The Impact of Foreign Investor Flows on Emerging Market Local Currency Bonds |
en |
| dc.type |
Thesis (B.A.) |
en |