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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发表在:MAGKS - Joint Discussion Paper Series in Economics (Band 28-2018)
主要作者: Frenzel Baudisch, Coletta
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语言:英语
出版: Philipps-Universität Marburg 2018
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MAGKS - Joint Discussion Paper Series in Economics