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Can Portfolio Rebalancing Explain the Dynamics of Equity Returns, Equity Flows, and Exchange Rates?

Harald Hau, Hélène Rey

American Economic Review · 2004 · Volume 94 · Issue 2

DOI: 10.1257/0002828041302389

Keywords

Foreign Exchange, Current Account Adjustment, Short-term Capital Movements, Portfolio Choice, Investment Decisions, International Financial Markets

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