One data, one break?
This paper demonstrates that the conventional approach of using official liberalisation dates as the only existing breakdates could lead to inaccurate conclusions as to the effect of the underlying liberalisation policies. It also proposes an alternative paradigm for obtaining more robust estimates...
Main Authors: | Karoglou, Michail, Demetriades, Panicos, Law, Siong Hook |
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Format: | Article |
Language: | English |
Published: |
Springer Verlag
2011
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Online Access: | http://psasir.upm.edu.my/id/eprint/22621/1/One%20data.pdf |
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