The DOI matches its Crossref record; 7 of the 7 references it cites were found in a registry or an index.
The Political Economy of Finance
Open accessAbstract
The regulations that shape the design and operations of corporations and credit and securities markets differ vastly from country to country. In addition, similar regulations are often unequally enforced in different countries. Economists still have an imperfect understanding of why these international differences exist and of whether they tend to persist over time. However, a recent strand of research has shown that some progress on these issues can be made using the approach of the new political economy, which models regulation and its enforcement as the result of the balance of power between social and economic constituencies. In this paper we offer a first assessment of the results and potential of this approach in three fields: corporate finance, banking, and securities markets.
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Cites
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Legal Determinants of External Finance
LA PORTA, R., LOPEZ‐DE‐SILANES, F., SHLEIFER, A., & VISHNY, R. W. (1997) · The Journal of Finance · doi:10.1111/j.1540-6261.1997.tb02727.x · Cited by 9,783
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The great reversals: the politics of financial development in the twentieth century
Rajan, R. G., & Zingales, L. (2003) · Journal of Financial Economics · doi:10.1016/s0304-405x(03)00125-9 · Cited by 3,327
Johnson, S., McMillan, J., & Woodruff, C. (2002) · American Economic Review · doi:10.1257/000282802762024539 · Cited by 980
Federal Policy, Banking Market Structure, and Capital Mobilization in the United States, 1863–1913
Sylla, R. (1969) · The Journal of Economic History · doi:10.1017/s002205070007193x · Cited by 214
Entry, industry growth, and the microdynamics of industry supply
Hause, J. C., & Du Rietz, G. (1984) · Journal of Political Economy · doi:10.1086/261254 · Cited by 121
Cited by
Chapter 12 Finance and Growth: Theory and Evidence
Levine, R. (2005) · Handbook of Economic Growth · doi:10.1016/s1574-0684(05)01012-9 · Cited by 2,889
Law, Endowments and Property Rights
Levine, R. (2005) · Journal of Economic Perspectives · doi:10.1257/089533005774357842 · Cited by 303
Business Groups in Emerging Markets: Paragons or Parasites?
Khanna, T., & Yafeh, Y. (2005) · SSRN Electronic Journal · doi:10.2139/ssrn.787625 · Cited by 256
Finance, Growth, and Inequality
Levine, R. (2021) · IMF Working Papers · doi:10.5089/9781513583365.001 · Cited by 62
Delistings and the costs of governance: a study of European stock exchanges 1996–2004
Thomsen, S., & Vinten, F. (2014) · Journal of Management & Governance · doi:10.1007/s10997-013-9256-7 · Cited by 40
Metadata
- Authors
- Pagano, M.
- Venue
- Oxford Review of Economic Policy
- Publisher
- Oxford University Press (OUP)
- Published
- 2001-12-01
- Volume
- 17
- Issue
- 4
- Pages
- 502-519
- ISSN
- 0266-903X (ISSN-L)
- 1460-2121
- OpenAlex
- W2161670104
- Cited by
- 335
- References
- 7
- FWCI
- 56.47
- Type
- journal article
- Language
- en
- Open access
- green
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