Do Foreign Investors Destabilize Stock Markets? The Korean Experience in 1997
收藏NBER1998-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w6661
下载链接
链接失效反馈官方服务:
资源简介:
This paper examines the impact of foreign investors on stock returns in Korea from November 30, 1996, to the end of 1997 using trade data. We find strong evidence of positive feedback trading and herding by foreign investors before the period of Korea's economic crisis during the last three months
提供机构:
美国国家经济研究局
创建时间:
1998-07-01



