Limit search to available items
Book Cover
Author Gordon, James P. F., author

Title Portfolio flows into India : do domestic fundamentals matter? / James Gordon and Poonam Gupta
Published [Washington, D.C.] : International Monetary Fund, [2003]
Online access available from:
IMF eLibrary    View Resource Record  


Description 1 online resource (37 pages) : illustrations
Series IMF working paper ; WP/03/20
IMF working paper ; WP/03/20
Summary This paper analyzes the factors affecting portfolio equity flows into India using monthly data. Flows to India are small compared to other emerging markets, but seem to be relatively less volatile. They also seem to be quite resilient. The paper shows that portfolio flows are determined by both external and domestic factors. Among external factors, LIBOR and emerging market stock returns are important, while the primary domestic determinants are the lagged stock return and changes in credit ratings. In quantitative terms, both external and domestic factors are found to be about equally important
Bibliography Includes bibliographical references (pages 36-37)
Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. MiAaHDL
digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL
Print version record
Subject Capital movements -- India -- Econometric models.
Investments, Foreign -- India -- Econometric models.
Rate of return -- India -- Econometric models.
Stocks -- Prices -- India -- Econometric models.
Form Electronic book
Author Gupta, Poonam, author
International Monetary Fund. Asia and Pacific Department.
ISBN 1281604658