{"id":"https://openalex.org/W1548484649","doi":null,"title":"Explaining policy volatility in developing countries","display_name":"Explaining policy volatility in developing countries","publication_year":2006,"publication_date":"2006-01-01","ids":{"openalex":"https://openalex.org/W1548484649","mag":"1548484649"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:bri:uobdis:06/583","doi":null,"is_oa":false,"landing_page_url":"http://www.bristol.ac.uk/efm/media/workingpapers/working_papers/pdffiles/dp06583.pdf","pdf_url":"http://www.bristol.ac.uk/efm/media/workingpapers/working_papers/pdffiles/dp06583.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5041645385","display_name":"Vatcharin Sirimaneetham","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I36234482","display_name":"University of Bristol","ror":"https://ror.org/0524sp257","country_code":"GB","type":"education","lineage":["https://openalex.org/I36234482"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Vatcharin Sirimaneetham","raw_affiliation_strings":["University of Bristol"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Bristol","institution_ids":["https://openalex.org/I36234482"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5041645385"],"corresponding_institution_ids":["https://openalex.org/I36234482"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":7,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.7764000296592712,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.7764000296592712,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11042","display_name":"Corruption and Economic Development","score":0.0771000012755394,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.07119999825954437,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/policy-volatility","display_name":"policy volatility","score":0.9990000128746033},{"id":"https://openalex.org/keywords/washington-consensus","display_name":"Washington Consensus","score":0.890999972820282},{"id":"https://openalex.org/keywords/macroeconomic-policy","display_name":"macroeconomic policy","score":0.7549999952316284},{"id":"https://openalex.org/keywords/fiscal-policy","display_name":"fiscal policy","score":0.9829999804496765},{"id":"https://openalex.org/keywords/development-policy","display_name":"development policy","score":0.9430000185966492},{"id":"https://openalex.org/keywords/income-growth","display_name":"income growth","score":0.6060000061988831},{"id":"https://openalex.org/keywords/presidentialism","display_name":"presidentialism","score":0.6200000047683716},{"id":"https://openalex.org/keywords/parliamentary-system","display_name":"parliamentary system","score":0.7450000047683716},{"id":"https://openalex.org/keywords/political-constraints","display_name":"political constraints","score":0.722000002861023},{"id":"https://openalex.org/keywords/government-stability","display_name":"government stability","score":0.921999990940094},{"id":"https://openalex.org/keywords/former-british-colonies","display_name":"former British colonies","score":0.8040000200271606},{"id":"https://openalex.org/keywords/developing-countries","display_name":"developing countries","score":0.6060000061988831},{"id":"https://openalex.org/keywords/political-regimes","display_name":"political regimes","score":0.38600000739097595}],"concepts":[{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.8459123373031616},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7024369239807129},{"id":"https://openalex.org/C197487636","wikidata":"https://www.wikidata.org/wiki/Q49892","display_name":"Presidential system","level":3,"score":0.6217102408409119},{"id":"https://openalex.org/C524878704","wikidata":"https://www.wikidata.org/wiki/Q187021","display_name":"Fiscal policy","level":2,"score":0.5861423015594482},{"id":"https://openalex.org/C137703641","wikidata":"https://www.wikidata.org/wiki/Q4874480","display_name":"Bayesian vector autoregression","level":3,"score":0.53291916847229},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.5027868747711182},{"id":"https://openalex.org/C83864248","wikidata":"https://www.wikidata.org/wiki/Q177323","display_name":"Developing country","level":2,"score":0.4851604104042053},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.41827335953712463},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.40920212864875793},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.34257498383522034},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.3288918137550354},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.3157770037651062},{"id":"https://openalex.org/C107673813","wikidata":"https://www.wikidata.org/wiki/Q812534","display_name":"Bayesian probability","level":2,"score":0.28193432092666626},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.09803444147109985},{"id":"https://openalex.org/C50522688","wikidata":"https://www.wikidata.org/wiki/Q189833","display_name":"Economic growth","level":1,"score":0.08349302411079407},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:RePEc:bri:uobdis:06/583","doi":null,"is_oa":false,"landing_page_url":"http://www.bristol.ac.uk/efm/media/workingpapers/working_papers/pdffiles/dp06583.pdf","pdf_url":"http://www.bristol.ac.uk/efm/media/workingpapers/working_papers/pdffiles/dp06583.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"mag:1548484649","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:bri:uobdis:06/583","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/16","score":0.4399999976158142,"display_name":"Peace, justice, and strong institutions"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":82,"referenced_works":["https://openalex.org/W16094365","https://openalex.org/W1481177038","https://openalex.org/W1502172524","https://openalex.org/W1535643370","https://openalex.org/W1535957668","https://openalex.org/W1563453598","https://openalex.org/W1771365656","https://openalex.org/W1800261609","https://openalex.org/W1840144356","https://openalex.org/W1950785596","https://openalex.org/W1966594299","https://openalex.org/W1968452906","https://openalex.org/W1969786526","https://openalex.org/W1972040083","https://openalex.org/W1978160697","https://openalex.org/W1979233354","https://openalex.org/W1982528191","https://openalex.org/W1984935883","https://openalex.org/W1986826127","https://openalex.org/W1992109042","https://openalex.org/W1994479110","https://openalex.org/W1995503011","https://openalex.org/W2004426200","https://openalex.org/W2011474190","https://openalex.org/W2014459263","https://openalex.org/W2017135173","https://openalex.org/W2017755093","https://openalex.org/W2032858254","https://openalex.org/W2034230665","https://openalex.org/W2043216401","https://openalex.org/W2043359570","https://openalex.org/W2048218509","https://openalex.org/W2054092429","https://openalex.org/W2054834816","https://openalex.org/W2066525937","https://openalex.org/W2066642254","https://openalex.org/W2073552413","https://openalex.org/W2082512797","https://openalex.org/W2083665595","https://openalex.org/W2089763487","https://openalex.org/W2111051773","https://openalex.org/W2117028366","https://openalex.org/W2118334488","https://openalex.org/W2121512755","https://openalex.org/W2123016516","https://openalex.org/W2127611980","https://openalex.org/W2129324139","https://openalex.org/W2133369488","https://openalex.org/W2139027297","https://openalex.org/W2144786831","https://openalex.org/W2145869153","https://openalex.org/W2146230168","https://openalex.org/W2149593530","https://openalex.org/W2152845321","https://openalex.org/W2160403299","https://openalex.org/W2160490441","https://openalex.org/W2160878917","https://openalex.org/W2166351414","https://openalex.org/W2166974667","https://openalex.org/W2170268745","https://openalex.org/W2294328445","https://openalex.org/W2334461799","https://openalex.org/W2563081056","https://openalex.org/W2588728401","https://openalex.org/W2889995674","https://openalex.org/W2907381232","https://openalex.org/W2996085990","https://openalex.org/W3121304473","https://openalex.org/W3122604533","https://openalex.org/W3122705141","https://openalex.org/W3123725762","https://openalex.org/W3124131699","https://openalex.org/W3124204202","https://openalex.org/W3124561683","https://openalex.org/W3124636723","https://openalex.org/W3124753968","https://openalex.org/W3125052097","https://openalex.org/W3125496725","https://openalex.org/W3125510077","https://openalex.org/W3152179338","https://openalex.org/W3189368797","https://openalex.org/W4243563432"],"related_works":["https://openalex.org/W7098874142","https://openalex.org/W2073552413","https://openalex.org/W3124204202","https://openalex.org/W2036116832","https://openalex.org/W7098936352","https://openalex.org/W2587638957","https://openalex.org/W4367040314","https://openalex.org/W4313419366","https://openalex.org/W2958422061","https://openalex.org/W1984908098"],"abstract_inverted_index":{"This":[0],"paper":[1,20,46,77],"studies":[2],"the":[3,19,62,72,76],"causes":[4],"of":[5,37,64],"policy":[6,16,30,38,52,81],"volatility":[7,17],"in":[8,85],"developing":[9],"countries":[10,86],"during":[11],"1970-1999.":[12],"To":[13],"construct":[14],"composite":[15],"indicators,":[18],"applies":[21],"a":[22,67,89,108],"robust":[23],"principal":[24],"components":[25],"analysis":[26],"to":[27,61,112],"Washington":[28],"Consensus":[29],"variables.":[31],"The":[32,45],"results":[33],"suggest":[34],"three":[35],"dimensions":[36],"volatility:":[39],"fiscal,":[40],"macroeconomic":[41,51,80],"and":[42,101],"development":[43],"policies.":[44],"shows":[47],"that":[48,79,87,102],"more":[49,83],"stable":[50],"is":[53,82,99],"associated":[54],"with":[55],"higher":[56],"income":[57],"growth,":[58],"before":[59],"turning":[60],"determinants":[63],"volatility.":[65],"Using":[66],"Bayesian":[68],"approach":[69],"which":[70],"addresses":[71],"model":[73],"uncertainty":[74],"problem,":[75],"finds":[78],"volatile":[84],"adopt":[88],"presidential":[90],"system,":[91],"have":[92],"weaker":[93],"political":[94],"constraints,":[95],"where":[96],"government":[97],"stability":[98],"lower,":[100],"are":[103],"former":[104],"British":[105],"colonies.":[106],"Adopting":[107],"parliamentary":[109],"regime":[110],"helps":[111],"stabilize":[113],"policy.":[114]},"counts_by_year":[{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":1},{"year":2017,"cited_by_count":1}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}
