Do international equity investors rebalance to manage currency exposure? A study of Greece foreign investor flows data
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DOI: 10.1016/j.intfin.2013.12.005
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Cited by:
- Porras, Eva & Ülkü, Numan, 2015. "Foreigners’ trading and stock returns in Spain," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 34(C), pages 111-126.
- Dongwon Lee & Kyungkeun Kim, 2016. "Global Risk and International Equity Portfolio Rebalancing," Working Papers 201605, University of California at Riverside, Department of Economics.
- Ülkü, Numan & Fatullayev, Sabutay & Diachenko, Daria, 2016. "Can risk-rebalancing explain the negative correlation between stock return differential and currency? Or, does source status drive it?," Journal of Financial Markets, Elsevier, vol. 27(C), pages 28-54.
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Keywords
International equity portfolio flows; Unhedged currency exposure; Risk rebalancing hypothesis; Stock market–exchange rate correlation; Feedback trading;JEL classification:
- F31 - International Economics - - International Finance - - - Foreign Exchange
- G11 - Financial Economics - - General Financial Markets - - - Portfolio Choice; Investment Decisions
- F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
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