Global Portfolio Rebalancing and Exchange Rates
收藏数据链接:
官方服务:
资源简介:
We examine international equity allocations at the fund level and show how excess foreign returns influence portfolio rebalancing, capital flows and currencies. Our equilibrium model of incomplete FX risk trading where exchange rate risk partially segments international equity markets is consistent
提供机构:
美国国家经济研究局创建时间:
2018-02-01



