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This paper develops a business cycle model with a financial intermediation sector. Financial wealth is defined as a predetermined state variable. Both, the additional sector of financial intermediaries and predetermination of financial wealth, affect the demand for real financial wealth. If real...
Persistent link: https://www.econbiz.de/10009442334
China whose size-based economic-political power is always important to the world, but whose statistical system is less … the central planning period. Therefore, as the Chinese economy rapidly develops and integrates into the world economy … product (GDP) and its growth performance. The first controversial issue is how should China’s per capita income level be …
Persistent link: https://www.econbiz.de/10009451605
. The analysis considers only the short-term effects on activity, which is very useful for preparing the projections on GDP …
Persistent link: https://www.econbiz.de/10012525918
. The analysis considers only the short-term effects on activity, which is very useful for preparing the projections on GDP …
Persistent link: https://www.econbiz.de/10012525953
Simple plots of data show that malaria has a negative correlation with national income per capita, whether looking across countries at a point in time, or looking at a single country over time. Some countries have been able to move from an equilibrium characterized by low income and high...
Persistent link: https://www.econbiz.de/10009446098
This paper reinvestigates the energy consumption-GDP growth nexus in a panel error correction model using data on 20 …
Persistent link: https://www.econbiz.de/10009448305
The article deals with problems of economic development and regional disparities in the Czech Republic and changes of the disparities from 1995 to 2005 among Czech regions.
Persistent link: https://www.econbiz.de/10011315759
of newly independent states into the civilized world. …
Persistent link: https://www.econbiz.de/10011437098
environment; income velocity declines, indicating re–intermediation, as returns are sought for in the banking sector.It is also …
Persistent link: https://www.econbiz.de/10009455940
This paper will attempt to provide a comprehensive review and new concept of the so called international financial integration. In addition, it provides a review on the available indicators used as proxies for international financial integration in empirical study literature. It also proposes a...
Persistent link: https://www.econbiz.de/10009482164