Peter Blair Henry

New York University (NYU) - Leonard N. Stern School of Business

44 West 4th Street

Suite 9-160

New York, NY NY 10012

United States

National Bureau of Economic Research (NBER)

Research Associate

1050 Massachusetts Avenue

Cambridge, MA 02138

United States

NYU Stern Department of Finance

William R. Berkley Professor of Economics and Finance, Dean Emeritus

44 West Fourth Street

New York, NY 10012

United States

http://https://www.stern.nyu.edu/faculty/bio/peter-henry

SCHOLARLY PAPERS

30

DOWNLOADS
Rank 14,153

SSRN RANKINGS

Top 14,153

in Total Papers Downloads

6,479

SSRN CITATIONS
Rank 1,375

SSRN RANKINGS

Top 1,375

in Total Papers Citations

634

CROSSREF CITATIONS

540

Scholarly Papers (30)

Capital Account Liberalization: Theory, Evidence, and Speculation

Journal of Economic Literature, Vol. XLV, pp. 887-935, December 2007
Number of pages: 93 Posted: 08 Nov 2007
Peter Blair Henry
New York University (NYU) - Leonard N. Stern School of Business
Downloads 327 (169,585)

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Capital Account Liberalization, Asset Prices, Investment, Economic Growth, Developing Countries, Capital Flows, Emerging Markets, Capital Account Policy, Financial Crises,

Capital Account Liberalization: Theory, Evidence, and Speculation

Stanford University Graduate School of Business Research Paper No. 1974, Brookings Global Economy and Development Paper No. 4
Number of pages: 61 Posted: 29 Nov 2006
Peter Blair Henry
New York University (NYU) - Leonard N. Stern School of Business
Downloads 268 (208,884)
Citation 75

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capital account liberalization, capital flows, economic growth, economic development, economic policy, international finance, open economy macroeconomics, macroeconomics, international financial markets

Capital Account Liberalization: Theory, Evidence, and Speculation

NBER Working Paper No. w12698
Number of pages: 84 Posted: 20 Nov 2006 Last Revised: 12 Sep 2022
Peter Blair Henry
New York University (NYU) - Leonard N. Stern School of Business
Downloads 47 (743,592)
Citation 52

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Firm-Specific Information and the Efficiency of Investment

Stanford University Graduate School of Business Research Paper No. 1930
Number of pages: 48 Posted: 10 May 2006
Peter Blair Henry and Anusha Chari
New York University (NYU) - Leonard N. Stern School of Business and University of North Carolina (UNC) at Chapel Hill - Department of Economics
Downloads 229 (244,099)

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investment, stock market, capital account liberalization, economic development, macroeconomics, international economics, international finance

Firm-Specific Information and the Efficiency of Investment

Stanford Graduate School of Business Research Paper Series No. 1975
Number of pages: 48 Posted: 17 Sep 2007
Peter Blair Henry and Anusha Chari
New York University (NYU) - Leonard N. Stern School of Business and University of North Carolina (UNC) at Chapel Hill - Department of Economics
Downloads 132 (395,926)

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capital budgeting, economic development, economic policy, internatiional economics, international finance, macroeconomics

Firm-Specific Information and the Efficiency of Investment

Journal of Financial Economics (JFE), Forthcoming
Number of pages: 46 Posted: 08 Nov 2007
Anusha Chari and Peter Blair Henry
University of North Carolina (UNC) at Chapel Hill - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 132 (395,926)
Citation 1

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Investment, Capital Account Liberalization, Risk Sharing, Growth Opportunities, Cost of Capital

Firm-Specific Information and the Efficiency of Investment

NBER Working Paper No. w12186
Number of pages: 47 Posted: 11 May 2006 Last Revised: 26 Oct 2022
Anusha Chari and Peter Blair Henry
University of North Carolina (UNC) at Chapel Hill - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 65 (635,193)
Citation 7

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Stock Market Liberalizations and the Repricing of Systematic Risk

AFA 2002 Atlanta Meetings; Stanford Business School Working Paper No. 1677
Number of pages: 40 Posted: 15 Feb 2001
Anusha Chari and Peter Blair Henry
University of North Carolina (UNC) at Chapel Hill - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 491 (106,442)
Citation 3

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Stock Market Liberalization, Capital Account Liberalization, Systematic Risk, Capital Asset Pricing Model, Emerging Markets

Stock Market Liberalizations and the Repricing of Systematic Risk

NBER Working Paper No. w8265
Number of pages: 41 Posted: 05 May 2001 Last Revised: 03 Aug 2022
Anusha Chari and Peter Blair Henry
University of North Carolina (UNC) at Chapel Hill - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 45 (757,423)

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Capital Account Liberalization, the Cost of Capital, and Economic Growth

Number of pages: 18 Posted: 07 Mar 2003
Peter Blair Henry
New York University (NYU) - Leonard N. Stern School of Business
Downloads 378 (144,637)

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Capital Account Liberalization, Economic Growth, Cost of Capital, Asset Prices, Total Factor Productivity, Investment

Capital Account Liberalization, the Cost of Capital, and Economic Growth

NBER Working Paper No. w9488
Number of pages: 19 Posted: 13 Feb 2003 Last Revised: 05 Dec 2022
Peter Blair Henry
New York University (NYU) - Leonard N. Stern School of Business
Downloads 85 (543,004)
Citation 9

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Capital Account Liberalization, the Cost of Capital, and Economic Growth

Posted: 07 Mar 2003
Peter Blair Henry
New York University (NYU) - Leonard N. Stern School of Business

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Capital Account Liberalization, Economic Growth, Cost of Capital, Asset Prices, Total Factor Productivity, Investment

Risk Sharing and Asset Prices: Evidence from a Natural Experiment

Number of pages: 51 Posted: 27 Feb 2004
Anusha Chari and Peter Blair Henry
University of North Carolina (UNC) at Chapel Hill - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 241 (232,260)
Citation 2

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Cross-section of expected returns, international asset pricing, liberalization, risk sharing

Risk Sharing and Asset Prices: Evidence from a Natural Experiment

Stanford University, Graduate School of Business Research Paper No. 1736R
Number of pages: 51 Posted: 22 Jan 2003
Anusha Chari and Peter Blair Henry
University of North Carolina (UNC) at Chapel Hill - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 140 (377,853)
Citation 2

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Risk Sharing and Asset Prices: Evidence from a Natural Experiment

NBER Working Paper No. w8988
Number of pages: 41 Posted: 07 Jun 2002 Last Revised: 23 Jan 2022
Anusha Chari and Peter Blair Henry
University of North Carolina (UNC) at Chapel Hill - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 40 (794,787)
Citation 40

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6.
Downloads 413 (131,959)
Citation 11

Is Disinflation Good for the Stock Market?

Number of pages: 47 Posted: 14 Feb 2001
Peter Blair Henry
New York University (NYU) - Leonard N. Stern School of Business
Downloads 215 (259,226)

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Disinflation, Stock Market, Growth, Stabilization, Inflation

Is Disinflation Good for the Stock Market?

Number of pages: 56 Posted: 28 Feb 2002
Peter Blair Henry
New York University (NYU) - Leonard N. Stern School of Business
Downloads 149 (359,219)
Citation 2

Abstract:

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Welfare cost of Disinflation, Stabilization, Inflation, Stock Market, Asset Prices, Sacrifice Ratio, Output loss, IMF, International Monetary Fund

Is Disinflation Good for the Stock Market?

NBER Working Paper No. w8289
Number of pages: 58 Posted: 10 May 2001 Last Revised: 27 Aug 2022
Peter Blair Henry
New York University (NYU) - Leonard N. Stern School of Business
Downloads 49 (730,040)
Citation 3

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7.

Helping the Poor to Help Themselves: Debt Relief or Aid?

Number of pages: 34 Posted: 24 Dec 2003
Serkan Arslanalp and Peter Blair Henry
International Monetary Fund (IMF) and New York University (NYU) - Leonard N. Stern School of Business
Downloads 345 (161,252)

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Debt Relief, Development, Foreign Aid, Institutions

8.
Downloads 294 (191,152)
Citation 6

Debt Relief

Journal of Economic Prespectives, Winter 2006, Stanford University Graduate School of Business Research Paper No. 1931
Number of pages: 25 Posted: 10 May 2006
Peter Blair Henry and Serkan Arslanalp
New York University (NYU) - Leonard N. Stern School of Business and International Monetary Fund (IMF)
Downloads 210 (265,015)

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international finance, international economics, Gleneagles, multilateral debt restructuring initiative, economic development, economic policy, debt relief, highly indebted poor countries

Debt Relief

NBER Working Paper No. w12187
Number of pages: 24 Posted: 25 May 2006 Last Revised: 26 Dec 2022
Serkan Arslanalp and Peter Blair Henry
International Monetary Fund (IMF) and New York University (NYU) - Leonard N. Stern School of Business
Downloads 84 (547,109)

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9.
Downloads 233 (203,221)
Citation 16

Capital Market Integration and Wages

Stanford University Graduate School of Business Research Paper No. 2019
Number of pages: 53 Posted: 07 Apr 2009
Peter Blair Henry and Diego Sasson
New York University (NYU) - Leonard N. Stern School of Business and affiliation not provided to SSRN
Downloads 103 (478,242)

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economic development, economic policy, macroeconomics

Capital Market Integration and Wages

Number of pages: 63 Posted: 06 Sep 2011 Last Revised: 23 May 2012
Anusha Chari, Peter Blair Henry and Diego L. Sasson
University of North Carolina (UNC) at Chapel Hill - Department of Economics, New York University (NYU) - Leonard N. Stern School of Business and affiliation not provided to SSRN
Downloads 57 (679,628)
Citation 2

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capital account liberalization, wages, emerging markets

Capital Market Integration and Wages

American Economic Journal: Macroeconomics 2012, 42: 1–34
Number of pages: 48 Posted: 22 May 2012
Anusha Chari, Peter Blair Henry and Diego L. Sasson
University of North Carolina (UNC) at Chapel Hill - Department of Economics, New York University (NYU) - Leonard N. Stern School of Business and affiliation not provided to SSRN
Downloads 39 (802,333)
Citation 11

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capital account liberalization, wages, emerging markets

Capital Market Integration and Wages

NBER Working Paper No. w15204
Number of pages: 64 Posted: 11 Aug 2009 Last Revised: 19 Jul 2023
Peter Blair Henry, Diego Sasson and Diego Sasson
New York University (NYU) - Leonard N. Stern School of Business, Stanford University and affiliation not provided to SSRN
Downloads 34 (842,815)

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Capital Account Liberalization: Allocative Efficiency or Animal Spirits?

Number of pages: 28 Posted: 18 Apr 2002
Anusha Chari and Peter Blair Henry
University of North Carolina (UNC) at Chapel Hill - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 205 (271,105)

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Capital Account Liberalization: Allocative Efficiency or Animal Spirits?

NBER Working Paper No. w8908
Number of pages: 29 Posted: 25 Apr 2002 Last Revised: 05 Nov 2022
Anusha Chari and Peter Blair Henry
University of North Carolina (UNC) at Chapel Hill - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 66 (629,924)
Citation 1

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11.

The World's Poorest Countries: Debt Relief or Aid?

Stanford, GSB Research Paper No. 1809
Number of pages: 36 Posted: 31 Jul 2003
Peter Blair Henry and Serkan Arslanalp
New York University (NYU) - Leonard N. Stern School of Business and International Monetary Fund (IMF)
Downloads 262 (214,879)

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12.
Downloads 246 (228,649)
Citation 5

Institutions vs. Policies: A Tale of Two Islands

American Economic Review, Vol. 99, No. 2, 2009, Stanford Law and Economics Olin Working Paper No. 372
Number of pages: 18 Posted: 23 Apr 2009 Last Revised: 05 Jun 2009
Peter Blair Henry and Conrad Miller
New York University (NYU) - Leonard N. Stern School of Business and Stanford University
Downloads 172 (317,772)

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Colonial Origins, Legal Origins, Long Run Growth, Development, Institutions

Institutions vs. Policies: A Tale of Two Islands

NBER Working Paper No. w14604
Number of pages: 18 Posted: 29 Dec 2008 Last Revised: 29 May 2022
Peter Blair Henry and Conrad Miller
New York University (NYU) - Leonard N. Stern School of Business and Stanford University
Downloads 74 (590,741)

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13.

Commentary on Bekaert, Harvey, and Lundbald's 'Equity Market Liberalization in Emerging Equity Markets'

Stanford GSB Working Paper No. 1783
Number of pages: 18 Posted: 16 Jun 2003
Peter Blair Henry
New York University (NYU) - Leonard N. Stern School of Business
Downloads 244 (230,534)
Citation 3

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14.
Downloads 232 (241,103)
Citation 25

Is Debt Relief Efficient?

Number of pages: 59 Posted: 27 Dec 2003
Serkan Arslanalp and Peter Blair Henry
International Monetary Fund (IMF) and New York University (NYU) - Leonard N. Stern School of Business
Downloads 165 (329,538)

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Debt Relief, Efficiency, Investment, Debt Overhang

Is Debt Relief Efficient?

NBER Working Paper No. w10217
Number of pages: 60 Posted: 20 Jan 2004 Last Revised: 04 Dec 2022
Serkan Arslanalp and Peter Blair Henry
International Monetary Fund (IMF) and New York University (NYU) - Leonard N. Stern School of Business
Downloads 67 (624,768)
Citation 8

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Is Debt Relief Efficient?

Posted: 15 Apr 2005
Serkan Arslanalp and Peter Blair Henry
International Monetary Fund (IMF) and New York University (NYU) - Leonard N. Stern School of Business

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Debt relief, debt overhang, HIPC, Brady Plan, highly-indebted poor countries initiative, Bono, sovereign debt restructuring

15.

Global Infrastructure: Potential, Perils, and a Framework for Distinction

NYU Stern School of Business
Number of pages: 69 Posted: 09 Jul 2019
Peter Blair Henry and Camille Gardner
New York University (NYU) - Leonard N. Stern School of Business and NYU Stern
Downloads 214 (261,298)
Citation 3

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Growth, Infrastructure

Capital Account Liberalization, Real Wages, and Productivity

Stanford University Graduate School of Business Research Paper No. 1988, Brookings Global Economy and Development Paper No. 20
Number of pages: 43 Posted: 07 Nov 2007
Peter Blair Henry and Diego Sasson
New York University (NYU) - Leonard N. Stern School of Business and Stanford University
Downloads 162 (334,925)

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Capital Account Liberalization, Labor Market, Wages, Productivity, Economic Growth, Output Per Worker

Capital Account Liberalization, Real Wages, and Productivity

NBER Working Paper No. w13880
Number of pages: 47 Posted: 19 Mar 2008 Last Revised: 05 Dec 2022
Peter Blair Henry and Diego Sasson
New York University (NYU) - Leonard N. Stern School of Business and Stanford University
Downloads 40 (794,787)

Abstract:

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17.

Institutions Versus Policies: A Tale of Two Islands

Brookings Global Economy and Development Working Paper No. 33, Stanford University Graduate School of Business Research Paper No. 2012
Number of pages: 19 Posted: 15 Jan 2009
Peter Blair Henry and Conrad Miller
New York University (NYU) - Leonard N. Stern School of Business and Stanford University
Downloads 195 (284,392)
Citation 8

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Institutions, Caribbean, development, developing countries, global econonics

18.

Perspective Paper on Financial Instability

Stanford GSB Working Paper No. 1866
Number of pages: 25 Posted: 13 Oct 2004
Peter Blair Henry
New York University (NYU) - Leonard N. Stern School of Business
Downloads 149 (360,910)

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Economic development, macroeconomics, financial crises, institutions, international finance

Learning from the Doers: Developing Country Lessons for Advanced Economy Growth

NBER Working Paper No. w19934
Number of pages: 14 Posted: 03 Mar 2014 Last Revised: 21 Jun 2023
Anusha Chari and Peter Blair Henry
University of North Carolina (UNC) at Chapel Hill - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 31 (868,663)
Citation 1

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20.

Discussion of "Malaysian Capital Controls: An Assessment" by Simon Johnson, Kalpana Kochar, Todd Mitton and Natalia Tamirisa

Stanford Graduate School of Business Research Paper No. 1932
Number of pages: 7 Posted: 10 May 2006
Peter Blair Henry
New York University (NYU) - Leonard N. Stern School of Business
Downloads 115 (438,283)

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economic policy, capital controls, Government and Business, macroeconomics, Malaysia

21.

Debt Relief: What Do the Markets Think

Stanford University, Graduate School of Business Research Paper No. 1810
Number of pages: 63 Posted: 11 Feb 2003
Peter Blair Henry and Serkan Arslanalp
New York University (NYU) - Leonard N. Stern School of Business and International Monetary Fund (IMF)
Downloads 101 (481,522)
Citation 1

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Two Tales of Adjustment: East Asian Lessons for European Growth

Number of pages: 52 Posted: 16 Jan 2014
Anusha Chari and Peter Blair Henry
University of North Carolina (UNC) at Chapel Hill - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 40 (794,787)
Citation 1

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financial crisis, East Asia, Europe, fiscal policy, austerity, growth, recovery

23.

Domestic Capital Market Reform and Access to Global Finance: Making Markets Work

NBER Working Paper No. w10064
Number of pages: 46 Posted: 06 Nov 2003 Last Revised: 03 Jul 2022
Peter Blair Henry and Peter L. Lorentzen
New York University (NYU) - Leonard N. Stern School of Business and University of San Francisco
Downloads 83 (545,239)

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Helping the Poor to Help Themselves: Debt Relief or Aid

NBER Working Paper No. w10230
Number of pages: 35 Posted: 27 Jan 2004 Last Revised: 16 Dec 2022
Serkan Arslanalp and Peter Blair Henry
International Monetary Fund (IMF) and New York University (NYU) - Leonard N. Stern School of Business
Downloads 66 (619,780)

Abstract:

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25.

Debt Relief: What Do the Markets Think?

NBER Working Paper No. w9369
Number of pages: 51 Posted: 06 Dec 2002 Last Revised: 08 Aug 2022
Serkan Arslanalp and Peter Blair Henry
International Monetary Fund (IMF) and New York University (NYU) - Leonard N. Stern School of Business
Downloads 54 (683,590)

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Is the Invisible Hand Discerning or Indiscriminate? Investment and Stock Prices in the Aftermath of Capital Account Liberalizations

NBER Working Paper No. w10318
Number of pages: 48 Posted: 04 Mar 2004 Last Revised: 13 Mar 2022
Anusha Chari and Peter Blair Henry
University of North Carolina (UNC) at Chapel Hill - Department of Economics and New York University (NYU) - Leonard N. Stern School of Business
Downloads 52 (710,242)
Citation 1

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Is the Invisible Hand Discerning or Indiscriminate? Investment and Stock Prices in the Aftermath of Capital Account Liberalizations

Posted: 07 Feb 2004
Peter Blair Henry and Anusha Chari
New York University (NYU) - Leonard N. Stern School of Business and University of North Carolina (UNC) at Chapel Hill - Department of Economics

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Economic development, economic policy, international finance, macroeconomics, asset pricing, capital budgeting

27.

Does Capital Scarcity Matter?

NBER Working Paper No. w23921
Number of pages: 24 Posted: 16 Oct 2017 Last Revised: 13 May 2023
Anusha Chari, Peter Blair Henry and Racha Moussa
University of North Carolina (UNC) at Chapel Hill - Department of Economics, New York University (NYU) - Leonard N. Stern School of Business and International Monetary Fund (IMF)
Downloads 17 (974,480)

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28.

Stock Market Liberalization, Economic Reform, and Emerging Market Equity Prices

Posted: 24 Sep 1999
Peter Blair Henry
New York University (NYU) - Leonard N. Stern School of Business

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29.

Do Stock Market Liberalizations Cause Investment Booms?

As published in Journal of Financial Economics, Vol. 58, No. 1, October 2000
Posted: 21 Sep 1999
Peter Blair Henry
New York University (NYU) - Leonard N. Stern School of Business

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Capital Account Liberalization, Stock Market, Asset Prices, Emerging Markets, Investment, Growth

30.

The Effect of Inflation Stabilization Plans on Emerging Market Stock Returns

Posted: 01 May 1998
Peter Blair Henry
New York University (NYU) - Leonard N. Stern School of Business

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