Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 12 of 12 for “"Equity Flows"”.
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Linkages between U.S Cross-border Portfolio Equity Flows and Equity Markets
There is an ongoing debate over the role that equity markets play in determining and influencing international equity flows. The first chapter of this dissertation describes the large portfolio equity flows into China and India, in order to understand the buying behavior of US investors. The rapid …
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Foreign portfolio equity flows in selected Sub-Saharan Africa Countries: the underlying process, impact on stock market capitalisation, and policy options
The volatility of capital flows and their adverse impact on macroeconomic and financial variables is a major concern to policy makers, resulting in a debate on whether capital controls or financial (capital account) liberalisation is best suited to managing them. This study argues that a better …
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Essays on Stock Market Liquidity and Liquidity Risk Premium
… essay, "Liquidity, Macro Factors and the U.S. Equity Flows to Emerging Markets", examines the role of liquidity on equity flows from the U.S. to fifteen emerging markets around the world. Since liquidity has many dimensions, an emphasis is placed on utilizing various measures of liquidity. …
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Essays on international capital flows
… investigations on international capital flows and their impact on emerging financial markets. Specifically, the main research topics discussed are as follows: first, determinants of capital flows towards emerging market economies (EMEs) conditional on different episodes (e.g., surges, …
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Essays on international finance
… finance, focusing on international capital flows, foreign exchange market and official foreign exchange intervention. The first chapter assesses the relative contribution of common (push) and country specific (pull) factors to the variation of bond and equity flows from the US to 55 other …
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Essays in International Finance: International Capital Flows, Equity and FX markets
… provides a study of the international capital flows from a macro-finance perspective. The first paper is an empirical investigation of the relative importance of hot money in bank credit and portfolio flows from the U.S. to 18 emerging markets over the period 1988-2012. We deploy state-space …
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AN EMPIRICAL INVESTIGATION OF THE BEHAVIOUR OF FOREIGN INVESTORS IN EMERGING MARKETS
Using monthly data of foreign flows on Istanbul Stock Exchange (ISE), the thesis finds that in contrast to most of the available theory and repeated previous findings on other markets, foreign investors act in a contrarian manner with respect to past local returns in ISE, however only in rising …
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Capital Controls and Banking Crises in Emerging Markets
… different types of capital controls and capital flows. We also argue that the relationship may depend on political and institutional factors, such as institutional quality and other economic policies like macroprudential policies and exchange rate regimes. In addition, the signaling effect of …
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Forward Premium Puzzle
… of countries. The increasing international equity flows relative to bank loans or bonds constitutes a motivation to investigate a relationship of equity returns and exchange rate change. Under no-arbitrage condition, the expected returns on home equity market should equal those on the …
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Effects of United States Monetary Policy on the Capital Flows to the Latin America Countries
… An innovation of the analysis is that capital flows are divided in "Firm related" (direct investment and equity flows) and "Debt" (debt instruments and private loans obtained from foreign financial institutions). Another innovation is related to the measure of the external factors considering …
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The interplay between exchange rate regimes and asset prices : a comprehensive investigation
… disparity between the surge in global portfolio equity flows, reaching $1.3 trillion1 in 2021, and the limited investment inflows into Africa, despite the region's robust economic growth averaging 4% over the last decade. While Modern Portfolio Theory suggests that investors may be attracted to …
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The Relationship Between Capital Inflow Surges and Stock Price Booms in Emerging Countries
… economies attractive to foreign capital inflows. Along with the benefits have been costs. At times, excessive capital inflows have led to domestic credit booms and asset price bubbles. There is little doubt that on average, capital inflow surges are likely to increase stock prices. But if …