Bilateral trade , openness and asset holdings
نویسنده
چکیده
منابع مشابه
Does Regulatory Harmonization Increase Bilateral
By combining new data on bilateral asset holdings with data on securities regulation in an empirical gravity model, it is found that bilateral differences in securities regulation lead to decreased portfolio holdings. Hence, regulatory harmonization can foster financial integration. The results are especially strong for equity holdings. It is verified that the results do not just reflect genera...
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