European Union Enlargement and Equity Markets in Accession Countries /
The announcement of the European Union enlargement coincided with a dramatic rise in stock prices in accession countries. This paper investigates the hypothesis that the rise in stock prices was a result of the repricing of systematic risk due to the integration of accession countries into the world...
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2005.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2005/182 |
| Accès en ligne: | Full text available on IMF |