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Financial Integration in Autocracies: Greasing the Wheel or More to Steal?
This paper analyzes the influence of financial integration on institutional quality. We construct a dynamic political-economic model of an autocracy in which a ruling elite uses its political power to expropriate the general population. Although financial integration reduces capital costs for entrep...
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| Veröffentlicht in: | MAGKS - Joint Discussion Paper Series in Economics (Band 14-2010) |
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| Autoren: | , , |
| Format: | Arbeit |
| Sprache: | Englisch |
| Veröffentlicht: |
Philipps-Universität Marburg
2010
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| Schlagworte: | |
| Online-Zugang: | PDF-Volltext |
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MAGKS - Joint Discussion Paper Series in Economics