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008120831s2012 dcu ob i000 0 eng d
019 ▼a 813209569 ▼a 903698822
020 ▼a 9781475539899 ▼q (electronic bk.)
020 ▼a 1475539894 ▼q (electronic bk.)
0291 ▼a AU@ ▼b 000050089552
0291 ▼a DEBBG ▼b BV041387268
0291 ▼a DEBBG ▼b BV043960041
0291 ▼a DEBSZ ▼b 481269495
035 ▼a (OCoLC)808812074 ▼z (OCoLC)813209569 ▼z (OCoLC)903698822
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050 4 ▼a HG3973.55
072 7 ▼a BUS ▼x 027000 ▼2 bisacsh
08204 ▼a 332.45609593 ▼2 23
1001 ▼a Gyntelberg, Jacob, ▼e author.
24510 ▼a Exchange rate fluctuations and international portfolio rebalancing in Thailand/ ▼c prepared by Jacob Gyntelberg, Mico Loretan, and Tientip Subhanij.
260 ▼a [Washington, D.C.]: ▼b International Monetary Fund, ▼c ?012.
300 ▼a 1 online resource (19 pages).
336 ▼a text ▼b txt ▼2 rdacontent
337 ▼a computer ▼b c ▼2 rdamedia
338 ▼a online resource ▼b cr ▼2 rdacarrier
4901 ▼a IMF working paper; ▼v WP/12/214
500 ▼a Title from PDF title page (IMF Web site, viewed Aug. 31, 2012).
500 ▼a "Institute for Capacity Development."
500 ▼a "September 2012."
504 ▼a Includes bibliographical references.
520 ▼a We present empirical evidence that the Thai baht's value is driven in part by investors' cross-border equity portfolio rebalancing decisions. Our results are based on comprehensive datasets of FX and stock market transactions undertaken by nonresident investors in Thailand in 2005 and 2006. Higher returns in the stock market relative to a reference stock market are associated with net sales of equities by these investors and a depreciation of the Thai baht. Net purchases of Thai equities lead to an appreciation of the Thai baht. Foreign investors do not appear to hedge the foreign exchange risk related to their stock market positions.
5880 ▼a Print version record.
590 ▼a eBooks on EBSCOhost ▼b All EBSCO eBooks
650 0 ▼a Foreign exchange ▼z Thailand.
650 0 ▼a Capital movements ▼z Thailand.
650 0 ▼a Portfolio management ▼z Thailand.
650 7 ▼a BUSINESS & ECONOMICS ▼x Finance. ▼2 bisacsh
650 7 ▼a Capital movements. ▼2 fast ▼0 (OCoLC)fst00846374
650 7 ▼a Foreign exchange. ▼2 fast ▼0 (OCoLC)fst00931768
650 7 ▼a Portfolio management. ▼2 fast ▼0 (OCoLC)fst01072072
651 7 ▼a Thailand. ▼2 fast ▼0 (OCoLC)fst01205310
655 4 ▼a Electronic books.
7001 ▼a Loretan, Mico, ▼e author,
7000 ▼a Tientip Subhanij, ▼e author,
7102 ▼a International Monetary Fund. ▼b Institute for Capacity Development.
830 0 ▼a IMF working paper ; ▼v WP/12/214.
85640 ▼u http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=568150
938 ▼a EBL - Ebook Library ▼b EBLB ▼n EBL1606962
938 ▼a ebrary ▼b EBRY ▼n ebr10627035
938 ▼a EBSCOhost ▼b EBSC ▼n 568150
938 ▼a YBP Library Services ▼b YANK ▼n 9927211
938 ▼a YBP Library Services ▼b YANK ▼n 10691544
990 ▼a ***1012033
994 ▼a 92 ▼b KRDHU