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...

Полное описание

Библиографические подробности
Главный автор: Stratmann, Thomas
Другие авторы: Akitoby, Bernardin
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2009.
Серии:IMF Working Papers; Working Paper ; No. 2009/027
Online-ссылка:Full text available on IMF