The Determinants of Stock Market Development in Emerging Economies : Is South Africa Different? /

This paper examines the institutional and macroeconomic determinants of stock market development using a panel data of 42 emerging economies for the period 1990 to 2004. The paper finds that macroeconomic factors such as income level, gross domestic investment, banking sector development, private ca...

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Autor principal: Yartey, Charles Amo
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2008.
Col·lecció:IMF Working Papers; Working Paper ; No. 2008/032
Accés en línia:Full text available on IMF