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Is the invisible hand discerning of indiscriminate? : Investment and stock prices in the aftermath of capital account liberalizations

Chari, Anusha (contributor); Henry, Peter Blair (contributor) - 2004

Persistent link: https://www.econbiz.de/10001989405

Is the invisible hand discerning or indiscriminate? : Investment and stock prices in the aftermath of capital account liberalizations

Chari, Anusha; Henry, Peter Blair - 2004

"We confront the two opposing views of capital account liberalization in developing countries with a new firm-level dataset on investment, stock prices, and sales. In the three-year period following liberalizations, the growth rate of the typical firm's capital stock exceeds its...

Persistent link: https://www.econbiz.de/10001966121

Disinflation and the stock market : Third-World lessons for First-World monetary policy

Chari, Anusha; Henry, Peter Blair - In: Getting monetary policy back on track, (pp. 137-162). 2024

Persistent link: https://www.econbiz.de/10014512801

Is the Invisible Hand Discerning or Indiscriminate? Investment and Stock Prices in the Aftermath of Capital Account Liberalizations

Chari, Anusha - 2004

We confront the two opposing views of capital account liberalization in developing countries with a new firm-level dataset on investment, stock prices, and sales. In the three-year period following liberalizations, the growth rate of the typical firm's capital stock exceeds its...

Persistent link: https://www.econbiz.de/10012468376