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