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"This paper examines legal and regulatory measures that can be taken to promote access to the primary market in emerging market economies. While capital market development depends on many factors including, primarily, a favorable macroeconomic environment, an appropriately designed and effective...
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"The technological dependency of securities exchanges on internet-based (IP) platforms has dramatically increased the industry's exposure to reputation, market, and operational risks. In addition, the convergence of several innovations in the market are adding stress to these systems. These...
Persistent link: https://www.econbiz.de/10010522614
. These decisions can be decomposed into a portfolio rebalancing and a portfolio growth component. This paper provides … empirical evidence of the importance of portfolio rebalancing for the dynamics of the current account. The authors evaluate the … predictions of a partial-equilibrium model of the current account with dynamic portfolio choices, in which portfolio rebalancing …
Persistent link: https://www.econbiz.de/10011394155
"This paper examines the link between sectoral concentration and overall performance in the search for on-the-frontier innovations, inside-the-frontier innovations, and export booms. It extends the literature by increasing country coverage and the types of search processes considered, and by...
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