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"The authors use a sample of 147 countries to investigate the link between democracy and reforms. Democracy may be … economic institutions. The results provide robust support for the claim that democracy is good for growth-enhancing reforms …
Persistent link: https://www.econbiz.de/10011394129
"The current account can be understood as the outcome of investment decisions made by domestic and foreign investors. These decisions can be decomposed into a portfolio rebalancing and a portfolio growth component. This paper provides empirical evidence of the importance of portfolio rebalancing...
Persistent link: https://www.econbiz.de/10011394155