The Political Economy of Financial Repression in Transition Economies
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Albania Average Azerbaijan base money growth Belarus calculated capital coefficient commercial banks COMMP Communist Party conditioning variables correlations credit schemes Czech Rep deficits Denizer dependent variables developing countries directed credit programs effective reserve ratios electoral estimate Estonia financial depth financial institutions financial liberalization financial markets financial policy financial regulations financial repression financial sector financial systems former Soviet countries former Soviet Union FRACTION Freedom Index government strength GOVSTR Hellman forthcoming IMF staff country inflation tax interest rates interest-rate ceilings interest-rate controls International Financial Statistics Latvia levels of financial Lithuania lower real discount M2/GDP ratio measure Moldova monetary panel parliament parliamentary percent Post-Soviet dummy pre-reform elites public-finance approach public-finance framework Real central bank real discount rates real effective reserve repression in transition Romania seats held seignorage share of seats Significance tests Slovakia Slovenia socialist Soviet Union suggest Tajikistan tests are two-tailed transition countries transition economies Ukraine World Bank