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...

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Bibliografische gegevens
Hoofdauteur: Funke, Norbert
Andere auteurs: Fuchs-Schundeln, Nicola
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2001.
Reeks:IMF Working Papers; Working Paper ; No. 2001/193
Online toegang:Full text available on IMF