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The study analyses the role of institutional characteristics of a country (governance) and the domestic financial system (depth, efficiency, stability, and capital openness) in determinants of emerging market corporate bond spreads issued in international market. We propose an econometric panel...
Persistent link: https://www.econbiz.de/10011372248
Persistent link: https://www.econbiz.de/10011757345
The study analyses the role of institutional characteristics of a country (governance) and the domestic financial system (depth, efficiency, stability, and capital openness) in determinants of emerging market corporate bond spreads issued in international market. We propose an econometric panel...
Persistent link: https://www.econbiz.de/10010406074
Persistent link: https://www.econbiz.de/10012263268
This paper analyzes the under-investigated relationship uniting financial development and income distribution. We use a novel approach taking into account for the first time the specific channels linking banks, capital markets and income inequality, the time-varying nature of the relationship,...
Persistent link: https://www.econbiz.de/10008829855
Besides the introduction and the final conclusions, this Discussion Paper has four sections. The first presents the "state of art", that is, the current debate about the long-term financing of the neo-corporatist state capitalism in Brazil. Then it shows the personal and corporate wealth as...
Persistent link: https://www.econbiz.de/10011372255
The relationship between finance and innovation is key for economic development. Both classical economists and economic … relationship between finance and innovation in a cross-country comparison. This comparison uses three sets of data for 187 … divide these 86 countries in three subsets, suggesting reciprocal effects between finance and innovation. …
Persistent link: https://www.econbiz.de/10004968746
Marx has a method for the evaluation of patterns of interaction between finance and innovation. Two starting points of …
Persistent link: https://www.econbiz.de/10004968751
Persistent link: https://www.econbiz.de/10000903234
Persistent link: https://www.econbiz.de/10000878746