Series: IMF Working Papers
Author(s): Sergio Schmukler , and Graciela Kaminsky
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2003
Keywords: financial liberalization, stock market prices, booms, busts, stock market, financial sector, financial markets, domestic financial sector, International Finance: General, International Monetary Arrangements and Institutions
We examine the short- and long-run effects of financial liberalization on capital markets. To do so, we construct a new comprehensive chronology of financial liberalization in 28 mature and emerging market economie...