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signals the inability of market participants to engage in perfect arbitrage, due to the segmentation of domestic markets from …
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"This paper documents several new patterns associated with firms issuing securities in foreign markets that motivate the need for and help guide future research. Besides noting that these international capital raisings grew almost four-fold from 1991 to 2005, accounting for 35 percent of all...
Persistent link: https://www.econbiz.de/10010521072
Global Development Finance-the World Bank's annual report on the external financing of developing countries-provides monitoring and analysis of development finance, identifying key emerging trends and policy challenges in international financial flows that are likely to affect the growth...
Persistent link: https://www.econbiz.de/10010521363
Global Development Finance (GDF), is the World Bank's annual review of recent trends in and prospects for financial flows to developing countries. It is an indispensable resource for governments, economists, investors, financial consultants, academics, bankers, and the entire development...
Persistent link: https://www.econbiz.de/10010521825
Global Development Finance (GDF), is the World Bank's annual review of recent trends in and prospects for financial flows to developing countries. It is an indispensable resource for governments, economists, investors, financial consultants, academics, bankers, and the entire development...
Persistent link: https://www.econbiz.de/10010521881
that segment markets and inhibit price arbitrage. Applying to equity markets recent methodological developments in the … of the cross market premium. The estimates reveal the presence of narrow non-arbitrage bands and indicate that price … segment financial markets by widening the non-arbitrage bands and making price disparities more persistent. Crisis episodes …
Persistent link: https://www.econbiz.de/10010522163