During the recent Financial Crisis, as well as the 2010 and ongoing European Sovereign Debt Crisis, several governments …

During the recent Financial Crisis, as well as the 2010 and ongoing European Sovereign Debt Crisis, several governments …

During the recent Financial Crisis, as well as the 2010 and ongoing European Sovereign Debt Crisis, several governments …

currency crisis. Different categories of investors have significant differences as well as similarities. First, non …-resident institutional investors are always positive feedback traders, whereas resident investors before the crisis were negative feedback … (contrarian) traders but switch to be positive feedback traders during the crisis. Second, individual investors herd significantly …

crisis. In sum, the offshore funds are not especially worrisome monsters. …

2007-2009 crisis. Using data on 3823 firms in 24 emerging countries, we find that, on average, the decline in stock prices … dependence on non-FDI capital inflows before the crisis worsens the credit crunch during the crisis, while exposure to FDI …