Showing 1 - 10 of 273
This paper surveys the economic literature on the links between finance, law and growth in the Central and Eastern … based on an adequate legal system it can positively contribute to economic growth. However, the financial system in CEE …
Persistent link: https://www.econbiz.de/10005125524
This paper investigates the importance that market regulation and financial imperfections have on …rm growth. We … a weak financial market (finance effect), the strictness of product and labor market regulations also affect firm growth … (labor effect). In particular, we show that the stricter the rules the more detrimental the influence on growth in sectoral …
Persistent link: https://www.econbiz.de/10005077008
We seek to contribute to both the finance-growth literature and the community banking literature by testing the effects … of the relative health of community banks on economic growth and investigating potential transmission mechanisms for …
Persistent link: https://www.econbiz.de/10005134638
One of the most enduring debates in economics is whether financial development causes economic growth or whether it is … causal relationship going from stock market development to economic growth, particularly for less developed countries. …
Persistent link: https://www.econbiz.de/10005413076
Understanding the causal relationship between financial development and economic growth is important in enhancing the … development is cointegrated with economic growth in the context of Malaysia. Moreover, this test also suggests that stock market … development has a significant positive long-run impact on economic growth. Granger-causality test based on vector error correction …
Persistent link: https://www.econbiz.de/10005561265
We seek to contribute to both the finance-growth literature and the community banking literature by testing the effects … of the relative health of community banks on economic growth and investigating potential transmission mechanisms for …
Persistent link: https://www.econbiz.de/10005561768
globalization as well as sub-indexes constructed to measure the single dimensions on economic growth are analyzed empirically. The … results show that globalization promotes growth - but not to an extent necessary to reduce poverty on a large scale. The …The paper presents an index of globalization covering its three main dimensions: economic integration, social …
Persistent link: https://www.econbiz.de/10005556005
The paper shows that the current view of globalization as an automatic and benign force is flawed: it focuses on only … one, positive, face of globalization while entirely neglecting a malignant one. The two key historical episodes that are … adduced by the supporters of the “globalization as it is” (the Halcyon days of the 1870-1913, and the record of the last two …
Persistent link: https://www.econbiz.de/10005118746
EU accession requires, inter alia, free movements of capital. If a massive capital outflow occurs, the central banks from the accession or acceding countries may carry two types of intervention: on money market, and introducing restrictions on capital account. The paper explains when is...
Persistent link: https://www.econbiz.de/10005125534
EU accession requires, inter alia, free movements of capital. If a massive capital outflow occurs, the central banks from the accession or acceding countries may carry two types of intervention: on money market, and introducing restrictions on capital account. The paper explains when is...
Persistent link: https://www.econbiz.de/10005134760