Capital Account Liberalization, Institutions and Financial Development: Cross Country Evidence
Menzie ChinnNATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138Hiro ItoDepartment of Economics Department of Economics Social Sciences I Social Sciences I University of California University of California Santa Cruz, CA 95064 Santa Cruz, CA 95064
2002en
ABI
Аннотация
The empirical relationship between capital controls and the financial development of credit and equity markets is examined. We extend the literature on this subject along a number of dimensions. Specifically, we (1) investigate a substantially broader set of proxy measures of financial development;
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