This paper investigates the impact of stock markets and banks on economic growth using a panel data set for the period …

We analyze government interventions to recapitalize a banking sector that restricts lending to firms because of debt … conditions implementation on sufficient bank participation. Preferred stock plus warrants reduces opportunistic participation by … aggregate credit risk exceed the cost of implicit transfers to bank debt holders …

This paper documents and explains the near-permanent banking stress African countries have experienced during the last … 20 years. The central hypothesis is that banking stress comes predominantly from unbooked losses and that the level of … unbooked losses a banking system can accumulate depends on its information environment and on the effectiveness of government …

proposed by Papke and Wooldridge, 1996, 2008, in univariate cross-sectional and panel contexts. The paper discusses the …

suggest the results are not stable. We argue that repeated cross sections do not properly specify the model. Panel methods … including hedonic studies and travel cost studies could be enhanced using panel data …

In an 80-country panel since the 1960s, the convergence rate for per capita GDP is around 1.7% per year. This "beta … "iron-law" rate of 2%. In the post-1960s panel, estimation without country fixed effects supports the modernization … long-term panel with country fixed effects also supports modernization, in the sense of positive effects of per capita GDP …

studies claiming that the standard panel data approach used in much of the "new minimum wage research" is flawed because it …