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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Bibliografiska uppgifter
Huvudupphovsman: Billmeier, Andreas
Övriga upphovsmän: Massa, Isabella
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2007.
Serie:IMF Working Papers; Working Paper ; No. 2007/157
Länkar:Full text available on IMF