
Liberalized Portfolio Capital Inflows in Emerging Capital Markets: Sterilization, Expectations, and the Incompleteness of Interest Rate Convergence
Author(s) -
Jeffrey A. Frankel,
Chudozie Okongwu
Publication year - 1995
Language(s) - English
Resource type - Reports
DOI - 10.3386/w5156
Subject(s) - interest rate , sterilization (economics) , economics , monetary economics , portfolio , convergence (economics) , capital (architecture) , financial economics , business , international economics , macroeconomics , currency , foreign exchange risk , history , archaeology