European Union Enlargement and Equity Markets in Accession Countries /

The announcement of the European Union enlargement coincided with a dramatic rise in stock prices in accession countries. This paper investigates the hypothesis that the rise in stock prices was a result of the repricing of systematic risk due to the integration of accession countries into the world...

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Hlavní autor: Podpiera, Richard
Další autoři: Dvorak, Tomas
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2005.
Edice:IMF Working Papers; Working Paper ; No. 2005/182
On-line přístup:Full text available on IMF