OECD Journal: Economic Studies, Volume 2012 Issue 1

Do investors disproportionately shed assets of distant countries during global financial crises?: The role of increased uncertainty

DOI:10.1787/eco_studies-2012-5k4dpmw9hphc

The global crisis of 2008-09 went hand in hand with sharp fluctuations in capital flows. To some extent, these fluctuations may have been attributable to uncertainty-averse investors indiscriminately selling assets about which they had poor ...



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