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The price of democracy: sovereign risk ratings, bond spreads and political business cycles in developing countries
16 references·16 citing·27 second hopsampled
The price of democracy: sovereign risk ratings, bond spreads and political business cycles in developing countries (2004)The price of democracy: sovereign risk ra…Determinants and Impact of Sovereign Credit Ratings (2007)Determinants and Impact of So…Analysis of Panel Data (2003)Analysis of Panel DataPolitical Economy in Macroeconomics (2000)Political Economy in Macroeco…Initial conditions and moment restrictions in dynamic panel data models (1998)Initial conditions and moment…Political Cycles and the Macroeconomy (1997)Political Cycles and the Macr…Initial conditions and moment restrictions in dynamic panel data models (1995)Initial conditions and moment…Political Cycles in OECD Economies (1992)Political Cycles in OECD Econ…Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Some Tests of Specification f…Macroeconomics and Politics (1988)Macroeconomics and PoliticsElections and Macroeconomic Policy Cycles (1988)Elections and Macroeconomic P…Macroeconomic Policy in a Two-Party System as a Repeated Game (1987)Macroeconomic Policy in a Two…Equilibrium Political Budget Cycles (1987)Equilibrium Political Budget …Limited-dependent and qualitative variables in econometrics (1983)Limited-dependent and qualita…Political Control of the Economy. (1979)Political Control of the Econ…Political Parties and Macroeconomic Policy (1977)Political Parties and Macroec…The Political Business Cycle (1975)The Political Business CycleCross‐border mergers and acquisitions amid political uncertainty: A bargaining perspective (2018)Cross‐border mergers and acqu…Political business cycles 40 years after Nordhaus (2016)Political business cycles 40 …International Finance and Central Bank Independence: Institutional Diffusion and the Flow and Cost of Capital (2014)International Finance and Cen…Categories, Creditworthiness, and Contagion: How Investors' Shortcuts Affect Sovereign Debt Markets (2014)Categories, Creditworthiness,…Globalization and Austerity Politics in Latin America (2013)Globalization and Austerity P…Finding the “Democratic Advantage” in Sovereign Bond Ratings: The Importance of Strong Courts, Property Rights Protection, and the Rule of Law (2012)Finding the “Democratic Advan…Electoral Business Cycles in OECD Countries (2012)Electoral Business Cycles in …Resource nationalism meets the market: Political risk and the value of petroleum reserves (2009)Resource nationalism meets th…How Do MNCS Vote in Developing Country Elections? (2008)How Do MNCS Vote in Developin…Sovereign Bonds and the “Democratic Advantage”: Does Regime Type Affect Credit Rating Agency Ratings in the Developing World? (2007)Sovereign Bonds and the “Demo…Fiscal Policy and Financial Markets (2006)Fiscal Policy and Financial M…Elections, Opportunism, Partisanship and Sovereign Ratings in Developing Countries (2006)Elections, Opportunism, Parti…The impact of political risk on the volatility of stock returns: the case of Canada (2005)The impact of political risk …International Economics (2005)International EconomicsCrisis and Competition in Expert Organizational Decision Making: Credit-Rating Agencies and Their Response to Turbulence in Emerging Economies (2004)Crisis and Competition in Exp…Counting the investor vote: political business cycle effects on sovereign bond spreads in developing countries (2004)Counting the investor vote: p…Specification Tests in Econometrics (1978)Econometric Analysis of Cross Section and Panel Data (2001)The General Theory of Employment, Interest and Money. (1936)The General Theory of Employment, Interest and Money. (1936)Time Series Analysis: Forecasting and Control (1977)The “new public management” in the 1980s: Variations on a theme (1995)The New Politics of the Welfare State (2001)Trust and Growth (2001)On the Determination of the Public Debt (1979)Reputation and imperfect information (1982)Credibility and Policy Convergence in a Two-party System with Rational Voters (1988)Peasants or Bankers? The American Electorate and the U.S. Economy (1992)Voting for autocracy: hegemonic party survival and its demise in Mexico (2007)Biases in Dynamic Models with Fixed Effects (1981)Another look at the instrumental variable estimation of error-components models (1995)A finite sample correction for the variance of linear efficient two-step GMM estimators (2004)How to do Xtabond2: An Introduction to Difference and System GMM in Stata (2009)The Optimal Degree of Commitment to an Intermediate Monetary Target (1985)Signaling Games and Stable Equilibria (1987)Incumbent Behavior: Vote Seeking, Tax Setting and Yardstick Competition (1992)Democracy and dictatorship revisited (2009)Uncertainty about Government Policy and Stock Prices (2012)Political uncertainty and risk premia (2013)Unit root tests in panel data: asymptotic and finite-sample properties (2002)Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages (2004)Introductory Econometrics for Finance (2008)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)
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References

  • 1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations33,089 cited
  • 1998Initial conditions and moment restrictions in dynamic panel data models22,547 cited
  • 1995Initial conditions and moment restrictions in dynamic panel data models14,749 cited
  • 1983Limited-dependent and qualitative variables in econometrics13,257 cited
  • 2003Analysis of Panel Data7,858 cited
  • 1975The Political Business Cycle3,951 cited
  • 1977Political Parties and Macroeconomic Policy3,367 cited
  • 1987Equilibrium Political Budget Cycles1,968 cited
  • 1988Elections and Macroeconomic Policy Cycles1,652 cited
  • 2000Political Economy in Macroeconomics1,588 cited
  • 1997Political Cycles and the Macroeconomy1,520 cited
  • 1987Macroeconomic Policy in a Two-Party System as a Repeated Game1,324 cited
  • 1979Political Control of the Economy.1,306 cited
  • 1988Macroeconomics and Politics736 cited
  • 1992Political Cycles in OECD Economies611 cited
  • 2007Determinants and Impact of Sovereign Credit Ratings

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509 cited

Cited by

  • 2016Political business cycles 40 years after Nordhaus274 cited
  • 2007Sovereign Bonds and the “Democratic Advantage”: Does Regime Type Affect Credit Rating Agency Ratings in the Developing World?192 cited
  • 2006Fiscal Policy and Financial Markets188 cited
  • 2014Categories, Creditworthiness, and Contagion: How Investors' Shortcuts Affect Sovereign Debt Markets172 cited
  • 2013Globalization and Austerity Politics in Latin America143 cited
  • 2012Finding the “Democratic Advantage” in Sovereign Bond Ratings: The Importance of Strong Courts, Property Rights Protection, and the Rule of Law142 cited
  • 2014International Finance and Central Bank Independence: Institutional Diffusion and the Flow and Cost of Capital133 cited
  • 2004Counting the investor vote: political business cycle effects on sovereign bond spreads in developing countries133 cited
  • 2005The impact of political risk on the volatility of stock returns: the case of Canada125 cited
  • 2004Crisis and Competition in Expert Organizational Decision Making: Credit-Rating Agencies and Their Response to Turbulence in Emerging Economies119 cited
  • 2006Elections, Opportunism, Partisanship and Sovereign Ratings in Developing Countries118 cited
  • 2009Resource nationalism meets the market: Political risk and the value of petroleum reserves115 cited
  • 2012Electoral Business Cycles in OECD Countries106 cited
  • 2008How Do MNCS Vote in Developing Country Elections?104 cited
  • 2005International Economics103 cited
  • 2018Cross‐border mergers and acquisitions amid political uncertainty: A bargaining perspective98 cited