Essays on emerging financial markets

Andrei A Kirilenko, University of Pennsylvania

Abstract

The objective of this dissertation is to examine the development of emerging financial markets. The dissertation consists of three essays. The first essay is a theoretical analysis of different trading arrangements in emerging markets. The second essay is an empirical investigation of the Russian foreign exchange market at its high in 1993-1994. Finally, the third essay is a set of actual directions on setting up efficient capital markets in an emerging economy given the economic theory, empirical evidence, and feasible choices.

Subject Area

Economics|Finance

Recommended Citation

Kirilenko, Andrei A, "Essays on emerging financial markets" (1996). Dissertations available from ProQuest. AAI9627945.
https://repository.upenn.edu/dissertations/AAI9627945

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