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to expand output and exploit all scale economies that the production technology allows. With access to finance problems …
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Relying on data for a panel of 90 economies over 1970-2015 and System-GMM estimates, we extend the standard Kuznets-curve empirical framework to investigate how financial development, globalisation and technology affect income inequality. Our findings reveal the presence of significant...
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We apply random matrix theory to compare correlation matrix estimators C obtained from emerging market data. The correlation matrices are constructed from 10 years of daily data for stocks listed on the Johannesburg stock exchange (JSE) from January 1993 to December 2002. We test the spectral...
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The literature on small and medium-sized enterprise (SME) finance highlights linkages with large firms in value chains … implications for SMEs. This paper explores this gap by looking for evidence on the impact of SMEs' access to finance of inter … technologies in Costa Rica), a comparison between the different sources and instruments of finance used by SMEs is presented. A …
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Los desastres naturales han repercutido en las perspectivas de desarrollo de muchos de los países de América Latina y el Caribe. Nicaragua está al frente de esta infortunada realidad, estando localizada en una de las zonas del mundo más propensa a amenazas naturales. Con el fin de apoyar a...
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The Bank is receiving an increasing number of requests from state and municipal governments to finance publicly owned …
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