Abstract
This study attempts to provide a systematic theoretical analysis of the portfolio selection approach to the determination of inter-regional and international capital flows, and to identify the implications of this analysis for the appropriate specification of short-run econometric models of the foreign exchange market.
Original language | English |
---|---|
Pages (from-to) | 3-24 |
Number of pages | 21 |
Journal | Journal of Economic Studies |
Volume | 8 |
Issue number | 2 |
DOIs | |
Publication status | Published - 1981 |
Keywords
- portfolio selection approach
- inter-regional and international capital flows