Do investors disproportionately shed assets of distant countries during global financial crises? The role of increased uncertainty
The global crisis of 2008-09 went hand in hand with sharp fluctuations in capital flows. To some extent, these fluctuations may have been attributable to uncertainty-averse investors indiscriminately selling assets about which they had poor information, including those in geographically distant loca...
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Format: | Online |
Sprache: | eng |
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Paris
OECD Publishing
2013
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Online Zugang: | Volltext |
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