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Finance and Growth: Some Theoretical Considerations and a Review of the Empirical Literature
Tsuru, Kotaro - Economics Department, Organisation de Coopération et … - 2000
the relationship between finance and growth. Section I describes the role of financial development in economic growth at …
Persistent link: https://www.econbiz.de/10005046080
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Financial Markets in Iceland
Tulip, Peter - Economics Department, Organisation de Coopération et … - 2007
growth. Recently concerns have been expressed about the stability of the financial system; however the guarded assessment …
Persistent link: https://www.econbiz.de/10005045916
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Overcoming the Financial Crisis in the United States
De Michelis, Andrea - 2011
The global financial crisis that emerged in mid-2007 has caused considerable economic disruptions in the United States and elsewhere, and exposed major flaws in the global financial system. After examining the origins of the crisis, this paper recommends specific policy responses to resolve the...
Persistent link: https://www.econbiz.de/10013125400
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Overcoming the Financial Crisis in the United States
de Michelis, Andrea - 2009
The global financial crisis that emerged in mid 2007 has caused considerable economic disruptions in the United States and elsewhere, and exposed major flaws in the global financial system. After examining the origins of the crisis, this paper recommends specific policy responses to resolve the...
Persistent link: https://www.econbiz.de/10012444242
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Recent and Prospective Trends in Real Long-Term Interest Rates : Fiscal Policy and other Drivers
Brook, Anne-Marie - 2003
This paper documents some features of recent trends in bond yields and discusses the drivers of these trends. This includes a discussion of the relationship between fiscal balances and interest rates -- with a summary of key empirical results from the literature provided in the Appendix. The...
Persistent link: https://www.econbiz.de/10012445594
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Overcoming the Financial Crisis in the United States
Michelis, Andrea de - Economics Department, Organisation de Coopération et … - 2009
The global financial crisis that emerged in mid 2007 has caused considerable economic disruptions in the United States and elsewhere, and exposed major flaws in the global financial system. After examining the origins of the crisis, this paper recommends specific policy responses to resolve the...
Persistent link: https://www.econbiz.de/10005045609
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Fiscal Convergence, Business Cycle Volatility and Growth
Furceri, Davide - Economics Department, Organisation de Coopération et … - 2009
This paper analyzes the effects of fiscal convergence on business cycle volatility and growth. Using a panel 21 OECD … business cycle volatility through higher fiscal convergence stimulates growth. Our empirical results are economically and …
Persistent link: https://www.econbiz.de/10005045629
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Recent and Prospective Trends in Real Long-Term Interest Rates: Fiscal Policy and other Drivers
Brook, Anne-Marie - Economics Department, Organisation de Coopération et … - 2003
This paper documents some features of recent trends in bond yields and discusses the drivers of these trends. This includes a discussion of the relationship between fiscal balances and interest rates -- with a summary of key empirical results from the literature provided in the Appendix. The...
Persistent link: https://www.econbiz.de/10005045646
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Contributions of Financial Systems to Growth in OECD Countries
Leahy, Michael; Schich, Sebastian; Wehinger, Gert; … - Economics Department, Organisation de Coopération et … - 2001
The recent period of sustained high growth in the United States has drawn attention to its financial system and the … allocation and growth. It provides evidence suggesting that legal and regulatory framework conditions for financial systems, and … financial development and growth — over and above the links via investment — indicating impacts via overall economic efficiency …
Persistent link: https://www.econbiz.de/10005046107
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Finance and Growth : Some Theoretical Considerations and a Review of the Empirical Literature
Tsuru, Kotaro - 2000
the relationship between finance and growth. Section I describes the role of financial development in economic growth at …
Persistent link: https://www.econbiz.de/10012444188