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"The recent global financial crisis has shaken the confidence of developed and developing countries alike in the very blueprint of financial and macro policies that underlie the western capitalist systems. In an effort to contain the crisis from spreading, the authorities in the US and many...
Persistent link: https://www.econbiz.de/10011394101
"This paper analyzes the effects of capital controls and crises on international financial integration, using data on stocks from emerging economies that trade in domestic and international markets. The cross-market premium (the ratio between the domestic and international market price of...
Persistent link: https://www.econbiz.de/10010520989
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), focusing on the role of competition and the institutional framework. Using a survey of banks in Argentina and Chile, the paper …
Persistent link: https://www.econbiz.de/10010520971
productivity growth in Chile between 1992 and 2004. The authors estimate an extended production function where plant output growth …
Persistent link: https://www.econbiz.de/10010521029
"The author studies annuity rates in Chile and relates them with industry competition. He finds (1) that annuity …
Persistent link: https://www.econbiz.de/10010522090
limitations. Chile provides excellent conditions for research on annuities because of the depth of its market and the availability …
Persistent link: https://www.econbiz.de/10010522132
limitations. Chile provides excellent conditions for research on annuities because of the depth of its market and the availability … show that annuitants in Chile have generally a good deal for their premiums, as indicated by MWRs higher than one, and also … higher than those estimated for other countries. The difference between Chile and other countries is striking considering …
Persistent link: https://www.econbiz.de/10010522135
particular, complain that their lack of access to adequate sources of financing is an obstacle to their growth. Chile represents … have access to the whole range of financial instruments available in Chile. All smaller firms face financing constraints …
Persistent link: https://www.econbiz.de/10010522215