What Drives Stock Market Development in the Middle East and Central Asia-Institutions, Remittances, or Natural Resources? /
In this paper, we assess the macroeconomic determinants of stock market capitalization in a panel of 17 countries in the Middle East and Central Asia, including both hydrocarbon-rich countries and economies without sizeable natural resource wealth. In addition to traditional variables, we include an...
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Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2007.
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Serier: | IMF Working Papers; Working Paper ;
No. 2007/157 |
Online adgang: | Full text available on IMF |