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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Формат: | Журнал |
Язык: | English |
Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2009.
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Серии: | IMF Working Papers; Working Paper ;
No. 2009/027 |
Online-ссылка: | Full text available on IMF |