This research seeks to identify the factors that account for the variation in development levels across nations by … focusing on the institutional components of development, especially the effects of financial market development on economic and … political development. I argue that financial market institutions are critical to economic and political development, and …

better player development systems are more successful. Using many different baseball statistics and developing numerous … development system. The paper defines small market teams while examining the relationship between winning and attendance, payroll … development systems. The latter is analyzed using a statistic known as VORP. In the end, it is concluded that better player …

and technological development in addition to their unique structural features. This conclusion has important implications …

Financialization is a process whereby financial markets, financial institutions and financial elites gain greater … influence over economic policy and economic outcomes. Financialization transforms the functioning of economic system at both the … contribute to wage stagnation. Additionally, there are reasons to believe that financialization may render the economy prone to …

Recent research has explored the growing ‘financialization’ process in the U.S. and other advanced economies. The term … explore the relationship between financialization in the U.S economy and real investment at the firm level. Using data from a … financialization. First, increased financial investment and increased financial profit opportunities may have crowded out real …

dynamics, fluctuate around the long waves. The second essay,“Macroeconomic Implications of Financialization,” examines … dual) and the specification of the investment function (Harrodian vs stagnationist). The last essay, “Finance, Sectoral … Structure and the Big Push,” studies the role of finance in the presence of investment complementarities using a big push model …

together various arguments related to financialization (in the broad sense) from a macroeconomic point of view and investigate … financialization. Households experience higher debt levels. Rising profits of businesses come with only moderate investment. The notion … of a “finance-dominated” accumulation regime is proposed to highlight that financial developments crucially shape the …

financialization and neo-liberal policy changes on income shares. …