@TechReport{iza:izadps:dp3752,
            	author={Campos, Nauro F. and Karanasos, Menelaos G. and Tan, Bin},
            	title={Two to Tangle: Financial Development, Political Instability and Economic Growth in Argentina (1896–2000)},
            	year={2008},
	month={Oct},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={3752},
            	url={https://www.iza.org/index.php/publications/dp3752},
	abstract={This paper investigates the effects of financial development and political instability on economic growth in a power-ARCH framework with data for Argentina from 1896 to 2000. Our findings suggest that (i) informal or unanticipated political instability (e.g., guerrilla warfare) has a direct negative impact on growth; (ii) formal or anticipated instability (e.g., cabinet changes) has an indirect (through volatility) impact on growth; (iii) the effect of financial development is positive and, surprisingly, not via volatility; (iv) the informal instability effects are much larger in the short- than in the long-run; and (v) the impact of financial development on economic growth is negative in the short- but positive in the long-run.},
	keywords={volatility;financial development;economic growth;political instability;power-ARCH},
            }