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No abstract.
Persistent link: https://www.econbiz.de/10005699444
This paper presents both the time-series and cross-country evidence on the growth of global equity markets and attempts to shed some light on the sources of equity market growth. Using data on 33 countries, I find that development of financial intermediaries and openness to trade are positively...
Persistent link: https://www.econbiz.de/10005063590