THE POLITICAL ECONOMY OF FINANCIAL REFORM: ARE ABIAD AND MODY RIGHT?

被引：15

作者：

Huang, Yongfu ^{[1
]}

机构：

[1] Univ Cambridge, Dept Land Econ, Cambridge CB3 9EP, England

来源：

JOURNAL OF APPLIED ECONOMETRICS | 2009年 / 24卷 / 07期

关键词：

D O I：

10.1002/jae.1093

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Motivated by the questions 'Financial Reform: What Shakes It? What Shapes It?' raised by Abiad and Mody (2005), this paper studies the forces that induce governments to undertake financial sector reform. Rather than their ordered logit technique, it uses a within groups approach allowing for error dependence across countries and over time. This analysis shows that some of the AM findings are not robust to error dependence and the estimation method. It has shed new light on the political economy of financial reform. Copyright (C) 2009 John Wiley & Sons, Ltd.

引用

页码：1207 / 1213

页数：7

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