The Effect of Financial Liberalization on Informational Efficiency in Developing Economies: Evidence from State Space and GMM Models

<strong>Objective:</strong> After beginning of stock markets liberalization in mid-1980, integration of these markets into global markets is increasing. The countries are attempting to attract international investors to divide their portfolio risk, increase liquidity level and promote in...

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Bibliographic Details
Main Authors: Fatemeh Talebzadeh, Somaye Sadeghi
Format: Article
Language:fas
Published: University of Tehran 2020-07-01
Series:تحقیقات مالی
Subjects:
Online Access:https://jfr.ut.ac.ir/article_77150_ea6fabc5ab347eaaa72675352831bab0.pdf