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How do stock markets in emerging economies respond to World Bank loan approvals?
16 references·0 citing·46 second hop
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References

  • 1970Efficient Capital Markets: A Review of Theory and Empirical Work13,616 cited
  • 1997The Econometrics of Financial Markets5,007 cited
  • 2017World Development Indicators2,300 cited
  • 2008A New Measure of Financial Openness2,090 cited
  • 2003From Efficient Markets Theory to Behavioral Finance1,825 cited
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  • 2007Are Asian stock markets efficient? Evidence from new multiple variance ratio tests311 cited
  • 2008The political economy of conditionality: An empirical analysis of World Bank loan disbursements308 cited
  • 1995TESTS OF RANDOM WALK AND MARKET EFFICIENCY FOR LATIN AMERICAN EMERGING EQUITY MARKETS288 cited
  • 2008The Determinants of Stock Market Development in Emerging Economies: Is South Africa Different?205 cited
  • 2009The Degree of Financial Liberalization and Aggregated Stock-Return Volatility in Emerging Markets183 cited
  • 2003Stock returns and output growth in emerging and advanced economies143 cited
  • 2021Elite Capture of Foreign Aid: Evidence from Offshore Bank Accounts140 cited
  • 2013Do emerging markets become more efficient as they develop? Long memory persistence in equity indices136 cited
  • 2002

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How Efficient are Africa's Emerging Stock Markets?
115 cited
  • 2006Foreign equity trading and emerging market volatility: Evidence from Indonesia and Thailand110 cited
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