resource and the capital market in a general equilibrium framework. Its specific contributions derive from three observations …, resource-rich countries invest in the international capital market and by now often hold substantial assets, for example in so …

market) liberalisation makes it more likely that the current account deteriorates (improves) following a monetary expansion … allowed to vary as a function of the degree of financial, product and labour market regulation on data from 1976 Q1-2006 Q4 … for 19 OECD countries. Our empirical results support the theory. We therefore conclude that following a monetary policy …

Over the past two decades, private equity has contributed to a shrinking of the U.S. stock market. We develop a … and social incentives to delist firms from the stock market are not always aligned. Private equity firms could …