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Productivity growth and the exchange rate regime : the role of financial development
Aghion, Philippe; Bacchetta, Philippe; Rancière, Romain; … - 2005
Persistent link: https://www.econbiz.de/10003068048
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Productivity Growth and the Exchange Rate Regime : The Role of Financial Development
Aghion, Philippe; Bacchetta, Philippe; Rancière, Romain G. - 2006
development, its degree of market regulation, and its distance from the global technology frontier. We illustrate how each of …
Persistent link: https://www.econbiz.de/10014060803
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Competition and growth : reconciling theory and evidence
Aghion, Philippe; Griffith, Rachel - 2005
Persistent link: https://www.econbiz.de/10002581582
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Financial liberalization and volatility in emerging market economies
Aghion, Philippe; Bacchetta, Philippe; Banerjee, Abhijit V. - 1998 - Second draft
Persistent link: https://www.econbiz.de/10001365946
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Financial liberalization and volatility in emerging market economies
Aghion, Philippe; Bacchetta, Philippe; Banerjee, Abhijit V. - 1998
The recent East Asian crisis has highlighted the relationship between financial development and output volatility. In this essay we develop a simple model of a small open economy producing a tradeable good using a non-tradeable input and where firms access to borrowings and investment depends on...
Persistent link: https://www.econbiz.de/10011398775
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Regulation and distrust
Aghion, Philippe; Algan, Yann; Cahuc, Pierre; Shleifer, … - 2009
Persistent link: https://www.econbiz.de/10003799834
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Regulation and distrust
Aghion, Philippe; Algan, Yann; Cahuc, Pierre; Shleifer, … - In: The quarterly journal of economics 125 (2010) 3, pp. 1015-1049
Persistent link: https://www.econbiz.de/10008729298
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Regulation and Distrust
Aghion, Philippe; Algan, Yann; Cahuc, Pierre; Shleifer, … - 2009
In a cross-section of countries, government regulation is strongly negatively correlated with social capital. We … document this correlation, and present a model explaining it. In the model, distrust creates public demand for regulation …, while regulation in turn discourages social capital accumulation, leading to multiple equilibria. A key implication of the …
Persistent link: https://www.econbiz.de/10014211587
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Regulation and Distrust
Aghion, Philippe - 2010
In a cross-section of countries, government regulation is strongly negatively correlated with social capital. We … document this correlation, and present a model explaining it. In the model, distrust creates public demand for regulation …, while regulation in turn discourages social capital accumulation, leading to multiple equilibria. A key implication of the …
Persistent link: https://www.econbiz.de/10012757998
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Regulation and Distrust
Aghion, Philippe - 2009
In a cross-section of countries, government regulation is strongly negatively correlated with social capital. We … document this correlation, and present a model explaining it. In the model, distrust creates public demand for regulation …, while regulation in turn discourages social capital accumulation, leading to multiple equilibria. A key implication of the …
Persistent link: https://www.econbiz.de/10012464001