Migration, Spillovers, and Trade Diversion : The Impact of Internationalization on Stock Market Liquidity

Migration, Spillovers, and Trade Diversion : The Impact of Internationalization on Stock Market Liquidity

What is the impact of firms that cross-list, issue depositary receipts, or raise capital in international stock markets on the liquidity of remaining firms in domestic markets? Using a panel of over 3,200 firms from 55 countries during 1989-2000, L...

Full description

Bibliographic Details
Main Authors: Levine, Ross, Schmukler, Sergio L.
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
CAPITAL FLOWS
CAPITAL MARKETS
COMPANY
CORPORATION
DIVERSIFICATION
ECONOMIC GROWTH
EQUITY CAPITAL
EQUITY MARKETS
EXPANSION
FINANCIAL INTEGRATION
FINANCIAL MARKETS
FIRM SIZE
FIRMS
FIXED COSTS
FOREIGN MARKETS
FUTURE RESEARCH
GDP
GLOBALIZATION
GROSS DOMESTIC PRODUCT
INFLATION
INTEREST RATES
INTERNATIONAL MARKETS
LIQUIDITY
MACROECONOMICS
MARKET INTEGRATION
STOCK EXCHANGES
STOCK MARKETS
STOCK PRICES
TRADE DIVERSION
TRANSPARENCY
INTERNATIONAL FINANCE
ASSET PRICING
Online Access:http://documents.worldbank.org/curated/en/2003/05/2360827/migration-spillovers-trade-diversion-impact-internationalization-stock-market-liquidity
http://hdl.handle.net/10986/18189

Internet

http://documents.worldbank.org/curated/en/2003/05/2360827/migration-spillovers-trade-diversion-impact-internationalization-stock-market-liquidity
http://hdl.handle.net/10986/18189

Similar Items