Long Memory and Asia Crisis: Implication for Capital Controls and Management

“Financial markets are given to excesses and if a boom/bust sequence progresses beyond a certain point, it will never revert to where it came from. Instead of acting like a pendulum, financial markets have recently acted more like a wrecking ball, knocking over one economy after another.” - A testim...

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Bibliographic Details
Main Author: LEE, Kuo Chuen David
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1999
Subjects:
Online Access:https://ink.library.smu.edu.sg/lkcsb_research/3376
https://ink.library.smu.edu.sg/context/lkcsb_research/article/4375/viewcontent/library_The_Paper_III.pdf
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Institution: Singapore Management University
Language: English