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A Sharpe-Ratio-Based Measure for Currencies
(Universidade da Coruña, Servizo de Publicacións, 2015)
[Abstract] The Sharpe Ratio offers an excellent summary of the excess return required per unit of risk invested. This work presents an adaptation of the ex-ante Sharpe Ratio for currencies where we consider a random walk ...
The role of political competition in the link between electoral systems and corruption: an extension
(Universidade da Coruña, Servizo de Publicacións, 2015)
[Abstract] This work provides an extension to an international context of the analysis made by Alfano, Baraldi and Cantabene (2013) on the role of political competition as a channel through which electoral systems affect ...
Impact of good governance in the economic development of Western Balkan countries
(Universidade da Coruña, Servizo de Publicacións, 2015)
[Abstract] After the socio-economic transformation and the establishment of the free market institutions, the development and improvement of living standards in post transition economies are deemed to depend more and more ...
Inhibited privatization: a hurdle race over vested interests
(Universidade da Coruña, Servizo de Publicacións, 2015)
[Abstract] This paper recognizes vested interests as one of the primary premises that reduce the effectiveness of privatization policy, stall its momentum and produce structural problems in the long-run. Both exogenous and ...