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Institutional quality and international differences in firm productivity
(Indian Institute of Management Ahmedabad, 2017-02-27)
In this paper, we examine how firm-level productivity growth is dependent on a broad range of institutional quality measures at the country level. Using a sample of 3,446 firms in 58 advanced and emerging economics, we ...
Turning over a golden leaf? : Global liquidity and emerging market central banks’ demand for gold after the financial crisis
(Indian Institute of Management Ahmedabad, 2017-04-12)
The quantity of gold reserves held by central banks in emerging markets and developing economies (EMDEs) has risen sharply following the global financial crisis in 2008. This paper examines factors driving holding of gold ...
Global risk and demand for gold by central banks
(Indian Institute of Management Ahmedabad, 2017)
This paper examines the influence of global risk on the holding of gold by central banks based on annual data for 100 countries during 1990-2015. We use a dynamic panel generalized method of moments (GMM) model to estimate ...
Global risk and demand for gold by central banks
(Indian Institute of Management Ahmedabad, 2017-01-30)
This paper examines the influence of global risk on the holding of gold by central banks based on annual data for 100 countries during 1990-2015. We use a dynamic panel generalized method of moments (GMM) model to estimate ...