Kose, M. Ayhan; Prasad, Eswar S.; Rogoff, Kenneth S.; … - 2009
the evidence is more mixed. While event studies suggest that stock markets become larger and
more liquid after equity … circumstances as by economic factors. Hence, cross-country studies of the effects of
financial integration can potentially exploit … from the standard neoclassical framework that largely guided the
earlier studies. In particular, the earlier literature …