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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Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2003.
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Serier: | IMF Working Papers; Working Paper ;
No. 2003/034 |
Online adgang: | Full text available on IMF |