NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Capital Market Integration and Wages

Anusha Chari, Peter Blair Henry, Diego Sasson

NBER Working Paper No. 15204
Issued in August 2009

---- Acknowledgements -----

Henry gratefully acknowledges financial support from the John A. and Cynthia Fry Gunn Faculty Fellowship, the Stanford Institute for economic Policy Research and the Stanford Center for International Development. We thank Sandile Hlatshwayo for excellent research assistance. We also thank Olivier Blanchard, Steve Buser, Brahima Coulibaly, Jonah Gelbach, Pierre-Olivier Gourinchas, Avner Greif, Nir Jaimovich, Pete Klenow, Anjini Kochar, John Pencavel, Paul Romer, Robert Solow, Ewart Thomas and seminar participants at Berkeley, Brookings, the Chicago Fed, Claremont McKenna, the IMF, MIT, NIPFP-DEA, the Reserve Bank of India, and Stanford for helpful comments. 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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