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Asia-Pacific Capital Markets: Measurement of Integration and the Implications for Economic Activity

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NBER1995-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w5280
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资源简介:
The apparent success of several East Asian countries in sterilizing capital inflows seems to contradict findings of high capital mobility. This paper argues that empirical studies examining money market rates may be misleading, since most lending is mediated through domestic banking systems. In
提供机构:
美国国家经济研究局
创建时间:
1995-09-01
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