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Capital Flows and the Behavior of Emerging Market Equity Returns

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NBER1998-07-01 更新2025-01-04 收录
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Foreign portfolio flows may reflect deep changes in the functioning of an emerging market economy and its capital markets. Using a database of monthly net U.S. equity flows, we investigate the relation of these flows to the behavior of equity returns, the structural characteristics of the capital

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1998-07-01
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