It takes the average reader and 28 minutes to read Private Information, Capital Flows, and Exchange Rates by Mr.Jacob Gyntelberg
Assuming a reading speed of 250 words per minute. Learn more
We demonstrate empirically that not all capital flows influence exchange rates equally: Capital flows induced by foreign investors’ stock market transactions have both an economically significant and a permanent impact on exchange rates, whereas capital flows induced by foreign investors’ transactions in government bond markets do not. We relate these differences in the price impact of capital flows to differences in the amounts of private information conveyed by these flows. Our empirical findings are based on novel, daily-frequency datasets on prices and quantities of all transactions of foreign investors in the stock, bond, and onshore FX markets of Thailand.
Private Information, Capital Flows, and Exchange Rates by Mr.Jacob Gyntelberg is 28 pages long, and a total of 7,224 words.
This makes it 9% the length of the average book. It also has 9% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 39 minutes to read Private Information, Capital Flows, and Exchange Rates aloud.
Private Information, Capital Flows, and Exchange Rates is suitable for students ages 8 and up.
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