Short-Run Pain, Long-Run Gain : The Effects of Financial Liberalization /

We examine the short- and long-run effects of financial liberalization on capital markets. To do so, we construct a new comprehensive chronology of financial liberalization in 28 mature and emerging market economies since 1973. We also construct an algorithm to identify booms and busts in stock mark...

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Autor principal: Schmukler, Sergio
Altres autors: Kaminsky, Graciela
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2003.
Col·lecció:IMF Working Papers; Working Paper ; No. 2003/034
Accés en línia:Full text available on IMF