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...
Tác giả chính: | |
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Định dạng: | Tạp chí |
Ngôn ngữ: | English |
Được phát hành: |
Washington, D.C. :
International Monetary Fund,
2008.
|
Loạt: | IMF Working Papers; Working Paper ;
No. 2008/032 |
Truy cập trực tuyến: | Full text available on IMF |