Aizenman, Joshua; Pinto, Brian; Radziwill, Artur - CASE-Center for Social and Economic Research - 2004
constructed measure of self-financing to evaluate the impact of the growing global financial integration on the sources of … self financed, and this fraction was surprisingly stable throughout the 1990s. The greater integration of financial markets … integration and changes in selffinancing ratios is statistically insignificant. There is no evidence of any "growth bonus …