Short-Run Pain, Long-Run Gain : The Effects of Financial Liberalization

Short-Run Pain, Long-Run Gain : The Effects of Financial Liberalization

The authors examine the short- and long-run effects of financial liberalization on capital markets. To do so, they construct a new comprehensive chronology of financial liberalization in 28 developed and emerging economies since 1973. The authors a...

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Bibliographic Details
Main Authors: Kaminsky, Graciela Laura, Schmukler, Sergio L.
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
BOOM-BUST CYCLES
CAPITAL MARKETS
FINANCIAL LIBERALIZATION
INSTITUTIONAL REFORMS
STOCK MARKET PRICES
Online Access:http://documents.worldbank.org/curated/en/2002/10/2040838/short-run-pain-long-run-gain-effects-financial-liberalization
http://hdl.handle.net/10986/19217

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