In this paper, we employ a portfolio approach based on a two-country world to study the impact of financial openness on … the size of government and on other key economic variables, including the consumption-wealth ratio, the growth rate of … consumption-wealth ratio, and welfare should be greater in an open economy because of higher productivity and/or less volatility …

This paper studies the impact of financial openness on the size of government, and other key economic variables, such … as the consumption-wealth ratio, the growth rate of wealth, and welfare, in a two-country world, based on a portfolio …-wealth ratio, and welfare should be higher in an open economy due to a higher productivity and/or less volatility through risk …

In this paper, we employ a portfolio approach based on a two-country world to study the impact of financial openness on … the size of government and on other key economic variables, including the consumption-wealth ratio, the growth rate of … consumption-wealth ratio, and welfare should be greater in an open economy because of higher productivity and/or less volatility …

In this paper, we employ a portfolio approach based on a two-country world to study the impact of financial openness on … the size of government and on other key economic variables, including the consumption-wealth ratio, the growth rate of … consumption-wealth ratio, and welfare should be greater in an open economy because of higher productivity and/or less volatility …

This paper studies the impact of financial openness on the size of government, and other key economic variables, such … as the consumption-wealth ratio, the growth rate of wealth, and welfare, in a two-country world, based on a portfolio …-wealth ratio, and welfare should be higher in an open economy due to a higher productivity and/or less volatility through risk …

reduce macroeconomic volatility. The link between macroeconomic volatility and capital account openness in the Greek economy …. There is no strong evidence for a stable relation between macroeconomic volatility and variables of financial openness. Thus …, seem to be related to macroeconomic growth volatility in the Greek economy. …

effects between a greater extent of exchange-rate pass through and openness to international trade as factors that we find … both contribute to lower inflation. The interplay between the inflation effects of pass through and openness suggest that … both pass through and openness can interact to influence the sacrifice ratio, and we empirically explore the nature of the …

This paper discusses the channels between openness and productivity and trade hampering factors. The stylized facts …

interaction among openness, central bank independence, and the inflation rate. Our model suggests that an increase in the …-tax progressivity on inflation is smaller when the central bank places a higher weight on inflation or when there is greater openness …