The Quality Effect : Does Financial Liberalization Improve the Allocation of Capital? /
The study documents evidence of a "quality effect" of financial liberalization on allocative efficiency, which is measured by the dispersion in Tobin's Q across firms. Based on a simple model, the authors predict that financial liberalization, by equalizing access to credit, reduces t...
| मुख्य लेखक: | |
|---|---|
| अन्य लेखक: | , |
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
2004.
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| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 2004/112 |
| ऑनलाइन पहुंच: | Full text available on IMF |