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    Article

    Capital Account Liberalization and Economic Performance: Survey and Synthesis

    This paper surveys the literature on the effects of capital account openness and stock market liberalization on economic growth and provides a synthesis in which we reconcile some of the different results pres...

    Hali J. Edison, Michael W. Klein, Luca Antonio Ricci, Torsten Sløk in IMF Staff Papers (2004)

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    Article

    The Real Effects of Monetary Policy in the European Union: What Are the Differences?

    The main finding of this paper is that the European Union (EU) countries fall into two broad groups according to the effects of monetary policy adjustments on economic activity. Estimates based on a vector aut...

    Ramana Ramaswamy, Torsten Sløk in Staff Papers (1998)