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Dans cet article nous analysons l'impact de la volatilité des prix des matières premières sur les recettes fiscales des pays en développement, alors que la littérature s'est principalement concentrée sur son effet sur la croissance économique. Notre analyse quantitative porte sur 80 pays...
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This paper investigates the impact of insurance on stock market development in 37 developing countries over the period 1987-2011. By controlling for the potential endogeneity bias, we show that the insurance premiums significantly increase stock market value traded. This result is robust to the...
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The endogenous growth literature established the existence of an inverted-U curve between taxes and economic growth, namely a Growth Laffer Curve, but empirical evidence on this relationship in developing countries is rather limited. Given that seigniorage and public debt are also important...
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