Showing 1 - 10 of 1,878
, normal economic development is suspended. Moreover, difficult to reverse capital flight puts savings outside the home economy …
Persistent link: https://www.econbiz.de/10012476165
Persistent link: https://www.econbiz.de/10009689290
We investigate the role of budget balances, financial development and openness, in the evolution of global imbalances. Financial development -- or the lack thereof -- has received considerable attention as a possible contributing factor to the development of persistent and expanding current...
Persistent link: https://www.econbiz.de/10012465286
savings rate, banking system, financial markets, financial regulations, corporate governance, and public finances; and …
Persistent link: https://www.econbiz.de/10012460970
This paper uses a quasi natural experiment to explore how financial education changes savings, investment, and consumer …
Persistent link: https://www.econbiz.de/10012462386
This paper investigates the quantitative implications of two business cycle models in which aggregate fluctuations arise in response to variations in the process of financial intermediation. In the first, fundamental shocks in the capital accumulation process lead to fluctuations in the real...
Persistent link: https://www.econbiz.de/10012474096
Examines the institutional factors influencing financial innovation, the consequences of financial development, widespread consolidation occurring through mergers and acquisitions, and the implementation of policy reform.--From publisher description
Persistent link: https://www.econbiz.de/10003711585
This paper examines the evolving importance of banks and securities markets during the process of economic development. We find that as countries develop economically, (1) the size of both banks and securities markets increases relative to the size of the economy, (2) the association between an...
Persistent link: https://www.econbiz.de/10012460656
the use of bank accounts for transactions. The increase in savings is close to double the savings of the treatment over … the 10 month period prior to the intervention, 7 times the savings of the control group over the same period, and a 1 ….6 percentage point increase in the savings rate out of the cash transfer depostis …
Persistent link: https://www.econbiz.de/10012479333
Relative to their counterparts in high-income regions, entrepreneurs in developing countries face less efficient financial markets, more volatile macroeconomic conditions, and higher entry costs. This paper develops a dynamic empirical model that links these features of the business environment...
Persistent link: https://www.econbiz.de/10012464529