Kose, M. Ayhan (contributor); Prasad, Eswar S. (contributor) - 2004
, are the level of a country’s development and the extent of
its integration into international markets important in … relationship
between growth and volatility has persisted into the 1990s.
3
However none of these papers
provide a rigorous … result of a negative cross-sectional association between
volatility and growth holds up even in the 1990s. More importantly …