Stock Market Liberalizations : Financial and Macroeconomic Implications /

Using a panel of 27 countries, we analyze the effects of stock market liberalization on financial and macroeconomic development. We find that liberalization is associated with a short-term increase in real private investment growth of about 14 percentage points cumulatively in the four years followi...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Funke, Norbert
Awduron Eraill: Fuchs-Schundeln, Nicola
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2001.
Cyfres:IMF Working Papers; Working Paper ; No. 2001/193
Mynediad Ar-lein:Full text available on IMF