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ANY policy makers and academics contend that foreign direct investment
(FDI) can have important positive effects on a host country’s development.
1
In
addition to the direct capital financin...
The Role of Financial Development in Exchange Rate Regime Choices
exchange rate regimes financial development duration analysis hazard competing risks
2014/1/13
We make the first attempt in the literature to empirically investigate the role of financial development in the choice of exchange rate regimes. Using a binary choice model, we first show that financi...