Location of Repository

How do extreme global shocks affect foreign portfolio investment? An event study for India

By Anick Yaha, Nirvikar Singh and Jean Paul Rabanal

Abstract

Foreign portfolio flows in and out of India are relevant for policymakers, and are often portrayed in the media as having a destabilizing effect on the domestic market. We use an event study approach to examine whether extreme global shocks trigger abnormal responses in foreign equity flows in and out of India, or abnormal responses in the Indian stock market. We do not find strong evidence of abnormal responses, even for the case of the global crisis of 2008

Topics: ddc:330
Publisher: Santa Cruz, Calif.: Univ. of California at Santa Cruz, Dep. of Economics
Year: 2015
OAI identifier: oai:econstor.eu:10419/125557
Provided by: EconStor

Suggested articles

Preview


To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.