What Determines Long-Run Macroeconomic Stability? : Democratic Institutions /
We examine the deep determinants of long-run macroeconomic stability in a cross-country framework. We find that conflict, openness, and democratic political institutions have a strong and statistically significant causal impact on macroeconomic stability. Surprisingly the most robust relationship of...
Prif Awdur: | |
---|---|
Awduron Eraill: | |
Fformat: | Cylchgrawn |
Iaith: | English |
Cyhoeddwyd: |
Washington, D.C. :
International Monetary Fund,
2004.
|
Cyfres: | IMF Working Papers; Working Paper ;
No. 2004/215 |
Mynediad Ar-lein: | Full text available on IMF |