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The Role of Risk and Information for International Capital Flows.
In this paper we investigate whether better information about the macroeconomic environment of an economy has a positive impact on its capital inflows, namely portfolio and foreign direct investment (FDI). The purpose of our study is to explicitly quantify information asymmetries by compliance with...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington :
International Monetary Fund,
2012.
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| Colección: | IMF Working Papers.
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| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 003 | OCoLC | ||
| 005 | 20240329122006.0 | ||
| 006 | m o d | ||
| 007 | cr |n||||||||| | ||
| 008 | 140111s2012 dcu o 000 0 eng d | ||
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| 019 | |a 812541977 | ||
| 020 | |a 9781475512625 | ||
| 020 | |a 1475512627 | ||
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| 082 | 0 | 4 | |a 332.042 |q OCoLC |2 23/eng/20230216 |
| 049 | |a UAMI | ||
| 100 | 1 | |a Hashimoto, Yuko. | |
| 245 | 1 | 4 | |a The Role of Risk and Information for International Capital Flows. |
| 260 | |a Washington : |b International Monetary Fund, |c 2012. | ||
| 300 | |a 1 online resource (82 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF Working Papers | |
| 588 | 0 | |a Print version record. | |
| 505 | 0 | |a Cover Page; Title Page; Copyright Page; Contents; Appendices; Tables; Figures; I. Introduction; 1. Capital Flows (% of GDP) prior to and after SDDS Subscription; II. Information and Investment: A Literature Review; III. Investment: Model and Data; A. Portfolio and foreign direct investment; B. Econometric model; C. Determinants of international investment flows; D. Risk; E. Information; F. Spatial interdependencies; IV. Main Empirical Results; 1. FDI determinants; 2. Portfolio determinants; V. Robustness and Further Results; 2. Plots for normality of residuals from model (3a). | |
| 505 | 8 | |a 3. Kernel density estimate for residuals from model (3a) with corresponding normal distribution3. Different time trends between SDDS subscribers and non-subscribers?; 4. Parameter robustness; 4. Dynamic effects of SDDS subscription; 5. Smoothing spline estimate of spatial correlation in FDI flow residuals with 90 percent pointwise confidence bands based on 1,000 bootstrap replications; VI. Discussion and Conclusion; A. Main findings; B. Relation to other findings in the literature; C. Further results; D. Perspectives on further research and policy issues; A. Information on SDDS. | |
| 505 | 8 | |a 5. List of SDDS subscribers6. SDDS Data Coverage; B. Sample, variables and descriptive statistics; 7. List of Variables; References; Footnotes. | |
| 520 | |a In this paper we investigate whether better information about the macroeconomic environment of an economy has a positive impact on its capital inflows, namely portfolio and foreign direct investment (FDI). The purpose of our study is to explicitly quantify information asymmetries by compliance with the IMF's Special Data Dissemination Standard (SDDS). For FDI, we find statistically significant and robust support for this hypothesis: SDDS subscription increased inflows by an economically relevant magnitude of about 60 percent. We also find evidence of aversion against political and macroeconomi. | ||
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Capital movements. | |
| 650 | 0 | |a Macroeconomics. | |
| 650 | 6 | |a Mouvements de capitaux. | |
| 650 | 6 | |a Macroéconomie. | |
| 650 | 7 | |a Capital movements |2 fast | |
| 650 | 7 | |a Macroeconomics |2 fast | |
| 700 | 1 | |a Wacker, Konstantin. | |
| 758 | |i has work: |a The role of risk and information for international capital flows (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGxcjmVdVpxBYHppdCGtmm |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Hashimoto, Yuko. |t Role of Risk and Information for International Capital Flows: New Evidence from the SDDS. |d Washington : International Monetary Fund, ©2012 |z 9781475568660 |
| 830 | 0 | |a IMF Working Papers. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1587792 |z Texto completo |
| 938 | |a EBL - Ebook Library |b EBLB |n EBL1587792 | ||
| 994 | |a 92 |b IZTAP | ||