Caporale, Guglielmo Maria; Ali, Faek Menla; Spagnolo, Nicola - CESifo - 2013
This paper examines the impact of exchange rate uncertainty on different components of portfolio flows, namely equity … and bond flows, as well as the dynamic linkages between exchange rate volatility and the variability of these two types of … exchange rate uncertainty on equity flows is negative in the euro area, the UK and Sweden, and positive in Australia, whilst it …