Are crises good for long-term growth? The role of political institutions

Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations

1991 • 30,298 citations

Initial conditions and moment restrictions in dynamic panel data models

1998 • 18,731 citations

Another look at the instrumental variable estimation of error-components models

1995 • 17,553 citations

How to do Xtabond2: An Introduction to Difference and System GMM in Stata

2009 • 7,942 citations

Financial Dependence and Growth

1998 • 7,081 citations

A finite sample correction for the variance of linear efficient two-step GMM estimators

2004 • 5,232 citations

Financial intermediation and growth: Causality and causes

2000 • 4,385 citations

A Note on the Theme of Too Many Instruments^*

2009 • 4,384 citations

A Model of Balance-of-Payments Crises

1979 • 3,034 citations

The external wealth of nations mark II: Revised and extended estimates of foreign assets and liabilities, 1970–2004

2007 • 2,470 citations

Instrumental Variables and GMM: Estimation and Testing

2003 • 2,468 citations

Dynamic panel data models: a guide to micro data methods and practice

2002 • 2,435 citations

What matters for financial development? Capital controls, institutions, and interactions

2005 • 2,379 citations

Currency crashes in emerging markets: An empirical treatment

1996 • 1,979 citations

The Institutional Environment for Economic Growth

2000 • 1,652 citations

Political Economy in Macroeconomics

2000 • 1,645 citations

How to do Xtabond2: An Introduction to Difference and System GMM in Stata

2006 • 1,624 citations

Cross-Country Evidence on the Link Between Volatility and Growth

1995 • 1,584 citations

Institutional causes, macroeconomic symptoms: volatility, crises and growth

2003 • 1,441 citations

CAPITAL FLOWS AND CAPITAL-MARKET CRISES: The Simple Economics of Sudden Stops

1998 • 1,396 citations

Untitled

1999 • 1,382 citations

Income and Democracy

2008 • 1,322 citations

Growth Dynamics: The Myth of Economic Recovery

2008 • 1,252 citations

Exchange rate volatility and productivity growth: The role of financial development

2009 • 805 citations

Endogenous Political Institutions

2004 • 525 citations

Financial Development, Financial Fragility, and Growth

2004 • 521 citations

On the Empirics of Sudden Stops: The Relevance of Balance-Sheet Effects

2004 • 476 citations

From Education to Democracy?

2005 • 413 citations

Economic and political liberalizations

2005 • 394 citations

Systemic Crises and Growth^*

2008 • 380 citations

Political Economy in Macroeconomics

2001 • 372 citations

A simple model of monetary policy and currency crises

2000 • 361 citations

Institutions and Economic Performance

2008 • 322 citations

Does openness to trade make countries more vulnerable to sudden stops, or less? Using gravity to establish causality

2007 • 320 citations

Democracy, Volatility, and Economic Development

2005 • 273 citations

Predicting Sovereign Debt Crises

2003 • 271 citations

Institutions and Economic Performance

2008 • 263 citations

Current Account Reversals and Currency Crisis: Empirical Regularities

1998 • 247 citations

Participatory Politics, Social Cooperation, and Economic Stability

2000 • 231 citations

Thirty Years of Current Account Imbalances, Current Account Reversals, and Sudden Stops

2004 • 230 citations

Financial Openness, Sudden Stops, and Current-Account Reversals

2004 • 208 citations

Sharp reductions in current account deficits An empirical analysis

1998 • 176 citations

On the Consequences of Sudden Stops

2004 • 170 citations

The Growth Effect of Democracy: Is It Heterogenous and How Can It Be Estimated?

2007 • 167 citations

Contractionary Currency Crashes in Developing Countries

2005 • 138 citations

Mundell-Fleming Lecture: Contractionary Currency Crashes in Developing Countries

2005 • 136 citations

Predicting Sovereign Debt Crises

2003 • 117 citations

Managing Macroeconomic Crises: Policy Lessons

2005 • 100 citations

The Sequencing of Economic Reform: Analytical Issues and Lessons from Latin American Experiences

1990 • 99 citations

What Makes Reforms Likely: Political Economy Determinants of Reforms in Latin America

2004 • 86 citations

Securing Stability and Growth in a Shock Prone Region: The Policy Challenge for Latin America

1996 • 80 citations

The Weak Instrument Problem of the System GMM Estimator in Dynamic Panel Data Models

2009 • 70 citations

Financial Crisis, Contagion, and Containment

2003 • 64 citations

Growing up to Financial Stability

2008 • 41 citations

Annual World Bank Conference on Development Economics, Europe 2003

2004 • 24 citations

Sharp Reductions in Current Account Deficits

1997 • 11 citations

Deleted Work

1955 • 0 citations