Financial shocks and exchange market pressure.

Financial shocks and exchange market pressure.

The taper tantrum episode induced a sudden outflow of capital from emerging markets back to the United States. This paper analyzes exchange market pressure in 93 developing and emerging market economies during this episode, drawing on recent methodological improvements in measuring exchange market p...

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Bibliographic Details
Main Author: Patnaik, Ila (Author)
Format: Electronic Resource
Language:English
Published: Manila,Philippines Asian Development Bank, [2019]
Subjects:
Banks and banking.
Finance > Asia.
Electronic book.
Online Access:https://www.adb.org/publications/financial-shocks-exchange-market-pressure