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https://hdl.handle.net/1822/32631
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Campo DC | Valor | Idioma |
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dc.contributor.author | Agnello, Luca | por |
dc.contributor.author | Castro, Vitor | por |
dc.contributor.author | Jalles, João Tovar | por |
dc.contributor.author | Sousa, Ricardo M. | por |
dc.date.accessioned | 2015-01-09T15:11:07Z | - |
dc.date.available | 2015-01-09T15:11:07Z | - |
dc.date.issued | 2015 | - |
dc.identifier.issn | 0176-2680 | por |
dc.identifier.uri | https://hdl.handle.net/1822/32631 | - |
dc.description.abstract | We use data for a panel of 60 countries over the period 1980–2005 to investigate the main drivers of the likelihood of structural reforms. We find that: (i) external debt crises are the main trigger of financial and banking reforms; (ii) inflation and banking crises are the key drivers of external capital account reforms; (iii) banking crises also hasten financial reforms; and (iv) economic recessions play an important role in promoting the necessary consensus for financial, capital, banking and trade reforms, especially in the group of OECD-countries. Additionally, we also observe that the degree of globalisation is relevant for financial reforms, in particular in the group of non-OECD countries. Moreover, an increase in the income gap accelerates the implementation of structural reforms, but increased political fragmentation does not seem to have a significant impact. | por |
dc.description.sponsorship | COMPETE, QREN, FEDER, Fundação para a Ciência e a Tecnologia (FCT) | por |
dc.language.iso | eng | por |
dc.publisher | Elsevier 1 | por |
dc.rights | restrictedAccess | por |
dc.subject | Structural reforms | por |
dc.subject | Recessions | por |
dc.subject | Globalisation | por |
dc.subject | Crisis episodes | por |
dc.subject | Political setup | por |
dc.subject | G28 | por |
dc.subject | P11 | por |
dc.subject | P16 | por |
dc.title | What determines the likelihood of structural reforms? | por |
dc.type | article | por |
dc.peerreviewed | yes | por |
dc.relation.publisherversion | http://www.sciencedirect.com/science/article/pii/S0176268014001001 | por |
sdum.publicationstatus | published | por |
oaire.citationStartPage | 129 | por |
oaire.citationEndPage | 145 | por |
oaire.citationTitle | European Journal of Political Economy | por |
oaire.citationVolume | 37 | por |
dc.identifier.doi | 10.1016/j.ejpoleco.2014.10.007 | - |
dc.subject.wos | Social Sciences | por |
sdum.journal | European Journal of Political Economy | por |
Aparece nas coleções: | NIPE - Artigos em Revistas de Circulação Internacional com Arbitragem Científica |
Ficheiros deste registo:
Ficheiro | Descrição | Tamanho | Formato | |
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What determines the likelihood of structural reforms.pdf Acesso restrito! | What determines the likelihood of structural reforms? | 9,19 MB | Adobe PDF | Ver/Abrir |