Series: IMF Working Papers
Author(s): Robin Brooks , Torsten Sloek , Manmohan Kumar , and Hali Edison
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2001
Keywords: Capital flows, Foreign exchange, exchange rate models, euro/dollar and yen/dollar exchange rates, exchange rate, exchange rates, bonds, bond, exchange rate movements
This paper explores the ability of portfolio and foreign direct investment flows to track movements in the euro and the yen against the dollar. Net portfolio flows from the euro area into U.S. stocks-possibly refle...