A Liberalization Spillover: From Equities to Loans
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The opening of equity markets to foreign investment appears to generate an enormously large positive growth effect (see Bekaert, Harvey, and Lundblad, 2005) in spite of a relatively small role of such markets for financing investment in most economies. We propose a possible spillover channel from
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美国国家经济研究局创建时间：
2020-06-01
