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The purpose of this study is to model Average Monthly 182-Day Treasury
Bill Interest Rate Equivalent In Ghana using the Cox-Ingersoll-Ross and Va
sicek models. These models are examples of One-factor short rate models
because they describe interest movements driven by a particular market risk
and thus are widely used among financial institutions. T...
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... Another finding from this study shows that portfolio flows to Southeast Asia are not influenced by GDP, unlike the dominant research that says portfolio polio flows are affected by GDP (De Vita and Kyaw, 2008;Ahmed and Zlate, 2014;Afonso et al., 2022). Domestic economies projected by GDP do not influence portfolio flows; they only occurred during the 2007-2008 global crisis and the post-crisis recovery period in 2009-2010 (Fratzscher, 2012;Achtziger et al., 2015;Bathia et al., 2020;Chari, Dilts Stedman and Lundblad, 2022;Boonman, 2023). ...
The impact of globalization on cross-country portfolio investment is the high flow of stocks and bonds with the primary goal of taking high yields from rising prices without aiming to own a company. Emerging markets have generally been net recipients of foreign capital in recent decades, including the countries in Southeast Asia consisting of Indonesia, the Philippines, Malaysia, Singapore, and Thailand. The Fed Fund Rate is believed to be the most influential factor in portfolio flows to various emerging market countries. This study will model portfolio equity flows to Southeast Asia over the last 20 years. Model testing uses the moderation analysis process model 4 by Andrew F. Hayes. The findings of this study indicate that the Fed Funds Rate has a greater effect on Southeast Asia's Equity Flows Portfolio than Internal Gross Domestic Product, which indicates the economic strength of a country in Southeast Asia.
