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Sectoral FDI and the Real Exchange Rate: The Role of Financial Development
Increasing FDI inflows into a booming sector resulting in an appreciation of the real exchange rate may entail further capital inflows and greater appreciation pressure on the real exchange rate up to an abrupt reversal of the capital (Botta, 2015). The macroeconomic instability of such boom-and-bus...
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| Опубликовано в:: | MAGKS - Joint Discussion Paper Series in Economics (Band 28-2018) |
|---|---|
| Главный автор: | |
| Формат: | Статья |
| Язык: | английский |
| Опубликовано: |
Philipps-Universität Marburg
2018
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| Предметы: | |
| Online-ссылка: | PDF-полный текст |
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MAGKS - Joint Discussion Paper Series in Economics