Kose, M. Ayhan (contributor); Prasad, Eswar S. (contributor) - 2004
(Borenzstein, De
Gregorio, and Lee (1998)) and well-developed domestic financial markets (Alfaro, Chanda,
Kalemli-Ozcan, and … increased access to
international financial markets should dampen the volatility of consumption while inducing an
increase in …
with more developed financial markets display less volatile output, consumption, and investment
fluctuations while King …