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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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
1999
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| 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 |