Patnaik, Ila, Shah, Ajay and Singh, Nirvikar (2013) Foreign investors under stress: evidence from India. International Growth Centre Blog (19 Jul 2013). Website.
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Abstract
Emerging market policymakers are concerned about the effects of foreign portfolio flows on financial stability. This column focuses on the behaviour of investors in extreme events, allowing for the possibility that what happens under stressed market conditions may differ from day-to-day outcomes. The findings for India suggest that while on good days, foreign investors exacerbate the boom by bringing in additional capital, no significant effects are found on very bad days in the local economy.
Item Type: | Online resource (Website) |
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Official URL: | http://www.theigc.org/ |
Additional Information: | © 2013 The Author(s) |
Divisions: | International Growth Centre |
Subjects: | G Geography. Anthropology. Recreation > GE Environmental Sciences H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HF Commerce H Social Sciences > HG Finance J Political Science > JQ Political institutions Asia, Africa, Australia, Pacific |
Date Deposited: | 22 Jun 2017 13:14 |
Last Modified: | 11 Dec 2024 13:37 |
URI: | http://eprints.lse.ac.uk/id/eprint/82064 |
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