Do debt crises boost financial reforms?

Luca Agnello, Vitor Castro, João Tovar Jalles, Ricardo M. Sousa

Risultato della ricerca: Article

6 Citazioni (Scopus)

Abstract

Using a panel of developed and developing countries and data for the period 1980 to 2005, we find that debt crises trigger financial reforms. We also show that (i) when general economic conditions deteriorate, financial reforms become more likely to take place; (ii) IMF-stabilization programmes and sovereign debt restructurings favour the implementation of financial reforms; and (iii) the quality of economic institutions strongly boosts financial reforms.
Lingua originaleEnglish
pagine (da-a)356-360
Numero di pagine5
RivistaApplied Economics Letters
Volume22
Stato di pubblicazionePublished - 2015

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Financial reform
Debt crisis
Stabilization programs
Economic conditions
Economic institutions
Developing countries
Developed countries
Trigger
Debt restructuring
Sovereign debt

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

Cita questo

Agnello, L., Castro, V., Jalles, J. T., & Sousa, R. M. (2015). Do debt crises boost financial reforms? Applied Economics Letters, 22, 356-360.

Do debt crises boost financial reforms? / Agnello, Luca; Castro, Vitor; Jalles, João Tovar; Sousa, Ricardo M.

In: Applied Economics Letters, Vol. 22, 2015, pag. 356-360.

Risultato della ricerca: Article

Agnello, L, Castro, V, Jalles, JT & Sousa, RM 2015, 'Do debt crises boost financial reforms?', Applied Economics Letters, vol. 22, pagg. 356-360.
Agnello L, Castro V, Jalles JT, Sousa RM. Do debt crises boost financial reforms? Applied Economics Letters. 2015;22:356-360.
Agnello, Luca ; Castro, Vitor ; Jalles, João Tovar ; Sousa, Ricardo M. / Do debt crises boost financial reforms?. In: Applied Economics Letters. 2015 ; Vol. 22. pagg. 356-360.
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