great paper; section 3 really tells (read footnotes also)why such FII flows are not 'sticky' money. Given the present difficulty in mopping up FI flows (due to the negative carry),about time such measures were put. In retrospect, very good move by SEBI! Appendix 1 is also interesting.
to Sunny right click on this link; then save to desktop; then open. It worked for me https://mail.imf.org/external/pubs/cat/longres.cfm,DanaInfo=www.imf.org+?sk=21508.0
the very first comment has a link that ends in 0729..but paper is 07291. Just use the link on this comment
PNs will unwind as we approach March 09; expect downward pressure around those days and volatility. These ODI positions keep getting rolled over as they are valuable due to their scarcity and being 'extint' very soon.
Please note: Comments are moderated. Only civilised conversation is permitted on this blog. Criticism is perfectly okay; uncivilised language is not. We delete any comment which is spam, has personal attacks against anyone, or uses foul language. We delete any comment which does not contribute to the intellectual discussion about the blog article in question.
LaTeX mathematics works. This means that if you want to say $10 you have to say \$10.
Dear Doc,
ReplyDeleteThe link to the paper is faulty. It does not return the PDF document.
http://www.imf.org/external/pubs/ft/wp/2007/wp07291.pdf
The file apparently has some error.
Just FYI.
Regards - Shankar, Powai
the link to the paper is https://mail.imf.org/external/pubs/cat/longres.cfm,DanaInfo=www.imf.org+?sk=21508.0
ReplyDeleteif there are still problems, the download it directly from IMF's external website www.imf.org
It is in the first column where recent working papers arer listed as working apper 07/291
great paper;
ReplyDeletesection 3 really tells (read footnotes also)why such FII flows are not 'sticky' money. Given the present difficulty in mopping up FI flows (due to the negative carry),about time such measures were put. In retrospect, very good move by SEBI!
Appendix 1 is also interesting.
still cannot find this paper on the web; can anyone post it?
ReplyDeleteright click on the words Free Full Text that appears in orange on the link below; then save to desktop before opening
ReplyDeletehttps://mail.imf.org/external/pubs/cat/longres.cfm,DanaInfo=www.imf.org+?sk=21508.0
I could not find the paper will somebody help .....
ReplyDeleteto Sunny
ReplyDeleteright click on this link; then save to desktop; then open. It worked for me
https://mail.imf.org/external/pubs/cat/longres.cfm,DanaInfo=www.imf.org+?sk=21508.0
the very first comment has a link that ends in 0729..but paper is 07291. Just use the link on this comment
this link works
ReplyDeletehttp://www.imf.org/external/pubs/cat/longres.cfm?sk=21508.0
will indian domestic investors be able to fill in the void left by any unwinding of PNs?
excellent paper. gives a complete picture of the PNs
ReplyDeletePNs will unwind as we approach March 09; expect downward pressure around those days and volatility. These ODI positions keep getting rolled over as they are valuable due to their scarcity and being 'extint' very soon.
ReplyDeletethis is really a nice post..
ReplyDelete