全球智库信息集成服务系统(G2TT): Transparency and International Investor Behavior

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w9260
来源ID	Working Paper 9260
	Transparency and International Investor Behavior
	R. Gaston Gelos; Shang-Jin Wei
发表日期	2002-10-10
出版年	2002
语种	英语
摘要	Does country transparency affect international portfolio investment? We examine this and related questions using some new measures of transparency and a unique micro dataset on international portfolio holdings. We distinguish between government and corporate transparency. There is clear evidence that international funds invest systematically less in less transparent countries. On the other hand, herding among funds tends to be more prevalent in less transparent countries. There is also some evidence that during crises, funds flee non-transparent countries by a greater amount.
主题	International Economics ; International Finance ; Microeconomics ; Economics of Information
URL	https://www.nber.org/papers/w9260
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/566873
推荐引用方式 GB/T 7714	R. Gaston Gelos,Shang-Jin Wei. Transparency and International Investor Behavior. 2002.