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Growth and financial reforms trajectory: an optimal matching sequence analysis approach

Zorobabel Bicaba ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper makes two important , even if preliminary, methodological contributions to the financial reforms literature. The first contribution is that it introduces a new framework for the metric of sequence analysis, namely, Optimal Matching Sequence Analysis. The second is that it provides an innovative framework namely synthetic counterfactual approach for the assessment of the impact of financial reforms sequence. It shows that the trajectory of financial reforms followed by countries, affects the level and the volatility of GDP per capita growth.

Keywords: Financial; reforms; trajectory; Mundell; trilemma; Optimal; matching; sequence; analysis (search for similar items in EconPapers)
JEL-codes: C19 C63 D52 E61 N10 (search for similar items in EconPapers)
Date: 2011-06-17
New Economics Papers: this item is included in nep-cis
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