implement counter-cyclical macroeconomic policies. The results show that countries with strong (weak) institutions adopt counter …

implement counter-cyclical macroeconomic policies. The results show that countries with strong (weak) institutions adopt counter …

the level of institutional quality plays a key role in countries’ ability to implement counter-cyclical macroeconomic … policies. The results show that countries with strong (weak) institutions adopt counter- (pro-) cyclical macroeconomic policies …

financial markets and open “policy space” for counter-cyclical macroeconomic policies in the developing world. This paper … markets and open “policy space” for counter-cyclical macroeconomic policies in the developing world. Th is paper explores a … transmission. Keywords: volatility, contagion, fi nancial crises, counter-cyclical macroeconomic policies, counter- cyclical …

elaborates a framework for developing countries that involves active use of counter-cyclical macroeconomic policies (exchange … developing countries’ use of counter-cyclical macroeconomic policies. … institutions in facilitating developing countries’ use of counter-cyclical macroeconomic policies. JEL Classifi cation: E44 …