In this article, John Duca shows how financial innovations have benefited the United States by increasing the availability of financing for new firms and improving Americans' access to financial investments. Two dramatic examples are the explosive growth of venture capital financing and the...

This paper contains an analysis of the corporate bonds’ market in Romania between 1997 and 2013 by using data contained in the 27 public offerings of corporate bonds made by national or international companies. Among the features of bond loans, that were used in this research, are: the nominal...

With increasing wave of popularity and successes of Islamic finance across the world, Nigeria aspires to be the hub of Islamic finance of Africa. The country, for instance, has an estimated population of over 170 million people, a strong banking industry and a highly receptive and agile capital...

This paper discusses the aspects of lease financing in Bangladesh. Bangladesh is a small but densely populated country in the South Asia and the people of it mainly depend on agricultural. Due to globalization and liberalization the country gradually shifting towards industrialization and lease...

In this paper we treat economic and legal advantages to firms in business financing through the issuance of bonds. Besides theoretical analysis paper includes the empirical analysis, a survey conducted in 50 businesses, including individual businesses and corporations, about the types of...

Part (I) and (II) of this paper reconstruct the quantity theory from structural axiomatic foundations. This yields a coherent view of the interrelations of quantity of money, transaction money, saving–dissaving, liquidity–illiquidity, rates of interest, leverage, allocation, prices, profits,...

Factor Markets Coordination: Centre for European Policy Studies (CEPS), Brussels, Belgium

Factor Markets Coordination: Centre for European Policy Studies (CEPS), Brussels, Belgium