Market freedom and the global recession

Lucrezia Reichlin, Domenico Giannone and Michele Lenza

No 7884, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: In this study we find that the set of policies that favor liberalization in credit markets (regulatory quality) are negatively correlated with countries? resilience to the recent recession as measured by output growth in 2008 and 2009.

Keywords: Financial crisis; Market freedom; Recession (search for similar items in EconPapers)
JEL-codes: E02 E65 (search for similar items in EconPapers)
Date: 2010-06
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (44)

Downloads: (external link)
https://cepr.org/publications/DP7884 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: Market Freedom and the Global Recession (2011)
Working Paper: Market freedom and the global recession (2011)
Working Paper: Market Freedom and the Global Recession (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:7884

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP7884

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().