Jong, Eelke de; Semenov, Radislav - Faculteit Economie en Bedrijfskunde, Rijksuniversiteit … - 2002
Although during the last decades the importance of stock markets has increased in all OECD countries, the cross-country differences appear to be remarkably stable. In this paper we relate the factors determining cross-country differences in stock market activity to deeply rooted norms and values...