Stock returns and output growth in emerging and advanced economies /
"There is no sense in building up a new enterprise at a cost greater than that at which a similar existing enterprise can be purchased; whilst there is an inducement to spend on a new project what may seem an extravagant sum, if it can be floated off on the stock exchange at an immediate profit
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| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2000
[Washington, D.C.] : International Monetary Fund, Research Department, 2000 |
| Series: | IMF Working Papers ;
Working Paper No. 00/89 IMF Working Papers; Working Paper ; No. 2000/089 IMF eLibrary IMF working paper ; WP/00/89 |
| Subjects: |