Foreign portfolio flows constitute a key component of economic activity in small open economies such as Colombia. The …

Foreign portfolio flows constitute a key component of economic activity in small open economies such as Colombia. The …

This study researches the impacts of foreign portfolio flows (proxied by foreign investors' retention share) and … switching regression (MSR) for a robustness check. The results reveal that both foreign portfolio flows and monetary responses … have an important effect on the index, and foreign portfolio flows have a higher effect than monetary responses …

Foreign portfolio flows have been blamed for causing instability in emerging markets, especially during financial …, both univariate (ARCH - GARCH) and multivariate (VAR), are used to estimate the effect foreign portfolio flows on the risk …