The Value of Institutions for Financial Markets : Evidence From Emerging Markets /

This paper investigates the value of political institutions for financial markets, using panel data from emerging market countries. We test the hypothesis that changes in political institutions, such as improvements in democratic rights and increased government accountability, have a direct effect o...

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Detalhes bibliográficos
Autor principal: Stratmann, Thomas
Outros Autores: Akitoby, Bernardin
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2009.
Colecção:IMF Working Papers; Working Paper ; No. 2009/027
Acesso em linha:Full text available on IMF