Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/118028 
Erscheinungsjahr: 
2003
Schriftenreihe/Nr.: 
Nota di Lavoro No. 1.2003
Verlag: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Zusammenfassung: 
Stock market capitalization in developed countries grew while massive privatization plans were in progress. It is however possible that stock market development would have occurred anyway. Below we identify features that are specific to share-issue privatizations (SIPs) and should a priori impact on market liquidity and market size. A positive correlation between such features and market development in a cross section of countries would support the claim that certain types of SIPs contribute to stock market development.
Schlagwörter: 
Privatization
Financial market development
JEL: 
L33
G14
Dokumentart: 
Working Paper

Datei(en):
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