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

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NBER2003-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9614
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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, we find that internationalization reduces the
提供机构:
美国国家经济研究局
创建时间:
2003-04-01
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