How Long to Read Global Financial Shocks and Foreign Asset Repatriation: Do Local Investors Play a Stabilizing Role?

By Gustavo Adler

How Long Does it Take to Read Global Financial Shocks and Foreign Asset Repatriation: Do Local Investors Play a Stabilizing Role??

It takes the average reader and 31 minutes to read Global Financial Shocks and Foreign Asset Repatriation: Do Local Investors Play a Stabilizing Role? by Gustavo Adler

Assuming a reading speed of 250 words per minute. Learn more

Description

We study the dynamic response of gross capital flows in emerging market economies to different global financial shocks, using a panel vector-autoregressive (PVAR) setting. Our focus lies primarily on the potentially stabilizing role played by domestic investors in offsetting the response of foreign investors to global shocks. We find evidence of such role, but its existence and magnitude depend on the nature of the shock. Local investors play a meaningful stabilizing role in the face of global uncertainty shocks, as well as shocks to long-term U.S. interest rates. However, while in the former case, sizeable asset repatriation largely offsets the retrenchment of non-residents, in the latter case the extent of the offsetting is much more limited. Meanwhile, residents and non-resident behave alike in response to short-term U.S. interest rate shocks, pulling capital away from emerging markets, although magnitudes are not economically significant. The results shed light on the potential impact of the Fed’s QE tapering on emerging market economies.

How long is Global Financial Shocks and Foreign Asset Repatriation: Do Local Investors Play a Stabilizing Role??

Global Financial Shocks and Foreign Asset Repatriation: Do Local Investors Play a Stabilizing Role? by Gustavo Adler is 31 pages long, and a total of 7,781 words.

This makes it 10% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Global Financial Shocks and Foreign Asset Repatriation: Do Local Investors Play a Stabilizing Role? Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 42 minutes to read Global Financial Shocks and Foreign Asset Repatriation: Do Local Investors Play a Stabilizing Role? aloud.

What Reading Level is Global Financial Shocks and Foreign Asset Repatriation: Do Local Investors Play a Stabilizing Role??

Global Financial Shocks and Foreign Asset Repatriation: Do Local Investors Play a Stabilizing Role? is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Global Financial Shocks and Foreign Asset Repatriation: Do Local Investors Play a Stabilizing Role??

Global Financial Shocks and Foreign Asset Repatriation: Do Local Investors Play a Stabilizing Role? by Gustavo Adler is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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