The Portfolio Selection Approach and Short‐Run Econometric Models of Capital Flows and the Foreign Exchange Market: A Theoretical Analysis
Abstract
This study attempts to provide a systematic theoretical analysis of the portfolio selection approach to the determination of inter‐regional and international capital flows, and to identify the implications of this analysis for the appropriate specification of short‐run econometric models of the foreign exchange market.
Citation
McGregor, P.G. (1981), "The Portfolio Selection Approach and Short‐Run Econometric Models of Capital Flows and the Foreign Exchange Market: A Theoretical Analysis", Journal of Economic Studies, Vol. 8 No. 2, pp. 3-24. https://doi.org/10.1108/eb002524
Publisher
:MCB UP Ltd
Copyright © 1981, MCB UP Limited