NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Patterns of International Capital Raisings

Juan Carlos Gozzi, Ross Levine, Sergio L. Schmukler

NBER Working Paper No. 14961
Issued in May 2009

---- Acknowledgements -----

We received very helpful comments from Charles Engel, Chris Meissner, Nirvikar Singh, two anonymous referees, and participants at presentations held at Brown University, the ESRC-WEFRP/IMF International Macro-Finance Conference (Washington, DC), the LACEA-LAMES Annual Meetings (Rio de Janeiro, Brazil), and the NIPFP-DEA workshop (Delhi, India). We are grateful to Francisco Ceballos, Tomislav Ladika, Mercedes Politi, and Aleksandar Zaklan for excellent research assistance. We thank the World Bank Finance Research Program and Research Support Budget for ample financial support. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors and do not necessarily represent the views of the World Bank. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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