Please use this identifier to cite or link to this item:
https://hdl.handle.net/10316/27584
DC Field | Value | Language |
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dc.contributor.author | Agnello, Luca | - |
dc.contributor.author | Castro, Vítor | - |
dc.contributor.author | Jalles, João Tovar | - |
dc.contributor.author | Sousa, Ricardo M. | - |
dc.date.accessioned | 2014-11-12T10:14:33Z | - |
dc.date.available | 2014-11-12T10:14:33Z | - |
dc.date.issued | 2014 | - |
dc.identifier.citation | AGNELLO, Luca [et. al] - What Determines the Likelihood of Structural Reforms?. "European Journal of Political Economy". ISSN 0176-2680. (2014) | por |
dc.identifier.issn | 0176-2680 | - |
dc.identifier.uri | https://hdl.handle.net/10316/27584 | - |
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.language.iso | eng | por |
dc.publisher | Elsevier | por |
dc.rights | openAccess | 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.title | What Determines the Likelihood of Structural Reforms? | por |
dc.type | article | por |
degois.publication.title | European Journal of Political Economy | por |
dc.relation.publisherversion | http://www.sciencedirect.com/science/article/pii/S0176268014001001 | por |
dc.peerreviewed | Yes | por |
dc.identifier.doi | 10.1016/j.ejpoleco.2014.10.007 | - |
item.openairecristype | http://purl.org/coar/resource_type/c_18cf | - |
item.openairetype | article | - |
item.cerifentitytype | Publications | - |
item.grantfulltext | open | - |
item.fulltext | Com Texto completo | - |
item.languageiso639-1 | en | - |
crisitem.author.researchunit | CeBER – Centre for Business and Economics Research | - |
crisitem.author.orcid | 0000-0002-6426-6663 | - |
Appears in Collections: | FEUC- Artigos em Revistas Internacionais |
Files in This Item:
File | Description | Size | Format | |
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What Determines the Likelihood of Structural Reforms.pdf | 409.9 kB | Adobe PDF | View/Open |
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