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How Big are the Gains from International Financial Integration?
Productivity neoclassical growth model welfare FDI fi nancial integration
2015/9/21
The literature has shown that the implied welfare gains from international financial integration are
very small. We revisit the existing findings and document that welfare gains can be su...
International Financial Integration and Entrepreneurial Firm Activity
Country Capital Integration Entrepreneurship Developing Countries and Economies
2015/4/21
We explore the relation between international financial integration and the level of entrepreneurial activity in a country. We use a unique firm-level data set in a broad sample of developed and devel...