Liberalized Portfolio Capital Inflows in Emerging Capital Markets: Sterilization, Expectations, and the Incompleteness of Interest Rate Convergence
收藏NBER1995-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5156
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资源简介：
The paper examines interest rates in nine Latin American and East Asian countries during the period 1987-1994. The goal is to discover why interest rates have remained high, failing to converge to U.S. levels, despite capital market liberalization and a resurgence of portfolio capital inflows during
提供机构：
美国国家经济研究局
创建时间：
1995-06-01
