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Improving Public Equity Markets? No Pain, No Gain

Kartashova, Katya
2018
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Description

Abstract: This paper uses an open-economy extension of Angeletos (2007) to study the effects of reducing public equity costs. The experiment is disciplined with firm-level and aggregate data for Ecuador and Chile. Lower equity costs improve aggregates, but entrepreneurs suffer a loss.

Details

Resource Type
Journal Article
Series (Uniform Title)
Peer-Reviewed Publications
Publications à comité de lecture
DOI
https://doi.org/10.1016/j.econlet.2017.10.005
Title
Improving Public Equity Markets? No Pain, No Gain
Creator
Kartashova, Katya (Bank of Canada)
Publisher
Elsevier BV
Date
2018-01-01
Relevant Dates
Available: 2017-10-24
Published in
Economics Letters
Volume
162
Pages
69 - 72
Language
English
Note
The views expressed in this paper are solely those of the authors and may differ from official Bank of Canada views. No responsibility for them should be attributed to the Bank.
JEL Codes
Publication Citation
Kartashova, K. 2018. "Improving Public Equity Markets? No Pain, No Gain." Economics Letters No. 162. https://doi.org/10.1016/j.econlet.2017.10.005.
Record Appears in
Bank of Canada Research > Peer-Reviewed Publications

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