Ben Rejeb, Aymen; Boughrara, Adel - In: Emerging Markets Review 17 (2013) C, pp. 186-208
This paper aims to assess the impact of financial liberalization on the degree of informational efficiency in emerging stock markets while considering three types of financial crises, i.e. banking, currency and twin crises. To this end, a treatment effects model with time-varying parameters is...