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-prudential indicators. The system will be tested using a case study referring to Kazakhstan. The main novelty of the study lies in designing … composite indicators for the real economy, the banking sector, the overall financial sector and finally the international … economic environment of Kazakhstan and in studying the interaction of these composite indicators. An additional innovation is …
Persistent link: https://www.econbiz.de/10010271787
This paper provides empirical evidence for the importance of institutions in determining the outcome of crises on long-term growth. Once unobserved country-specific effects and other sources of endogeneity are accounted for, political institutions affect growth through their interaction with...
Persistent link: https://www.econbiz.de/10010278293
In this overview we try to explain, first, why funds continued to flow towards emerging economies while fundamentals in host countries had been deteriorating before the Asian crisis (rising external deficit, with a significant liquid component appreciating exchange rates; low capital formation,...
Persistent link: https://www.econbiz.de/10010279100
Persistent link: https://www.econbiz.de/10010302557
This paper examines the relationship between pay inequality, economic growth, and performance in Korea. Pay inequality is estimated by using Theil's index to identify the factors determining the level of pay inequality, and establish its relationship with economic growth and performance. For the...
Persistent link: https://www.econbiz.de/10010268960
This paper studies the interplay between climate, health, and the economy in a stylized world with four heterogeneous …
Persistent link: https://www.econbiz.de/10010332438
. Empirical findings suggest that although the Philippine economy did not slide to recession during the GEC, the impact of the … crisis on the economy and poverty across population groups was nonetheless severe - and may linger for many years to come. …
Persistent link: https://www.econbiz.de/10010275856
-response relationships and link this to a recursive dynamic economy-wide modelto estimate and compare road damages to other climate change …
Persistent link: https://www.econbiz.de/10010319890
Empirical studies analyzing the effect of climate change on output growth sometimes neglect economic variables. This yields a biased picture of the growth process and does not represent a good approximation of the true data generating process. Thus, the question arises how valid the results are...
Persistent link: https://www.econbiz.de/10014565900
We investigate the relationship between economic growth and lagged international capital flows, disaggregated into FDI, portfolio investment, equity investment, and shortterm debt. We follow about 100 countries during 1990-2010 when emerging markets became more integrated into the international...
Persistent link: https://www.econbiz.de/10010288124