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The growth effects of international financial liberalization and integration are investigated using the methodology and … not experience higher growth in value added in countries with liberalized financial markets. Liberalization does, however …, increase the growth rates of both production and firm creation among externally dependent industries - given that the countries …
Persistent link: https://www.econbiz.de/10010320038
opportunity with tail risks. Financial integration and foreign savings supported growth in the EU12 and EU candidate countries. We … contrast, the eastern partnership states did not benefit from the foreign savings-growth link. But financial integration also …
Persistent link: https://www.econbiz.de/10011430894
The growth effects of international financial liberalization and integration are investigated using the methodology and … not experience higher growth in value added in countries with liberalized financial markets. Liberalization does, however …, increase the growth rates of both production and firm creation among externally dependent industries - given that countries …
Persistent link: https://www.econbiz.de/10010281407
financial integration predict better growth prospects; (c) both advances in financial integration and globalization are … associated with higher growth, lower growth volatility, and lower probabilities of severe declines in real activity. Advances in … financial integration and globalization indeed foster countries' growth, and there appears to be no trade-off between these …
Persistent link: https://www.econbiz.de/10010280851
, bivariate and multivariate cointegration techniques are used to assess the degree of integration in four loans and two deposit …
Persistent link: https://www.econbiz.de/10010298099
, bivariate and multivariate cointegration techniques are used to assess the degree of integration in four loans and two deposit …
Persistent link: https://www.econbiz.de/10010301768
particular? Based on a cointegration analysis applied to stock market movements, I detect for the period after the EU enlargement …
Persistent link: https://www.econbiz.de/10010427556
that formal aspects of financial openness generate a strongly positive impact on economic growth and its sources …, productivity growth and capital accumulation. Moreover, there is evidence of a positive contribution to the process stemming from …
Persistent link: https://www.econbiz.de/10010311699
This paper examines the importance of different economic sentiments, e.g. consumer moods, for the Central and Eastern European countries (CEECs) during the transition process. We first analyze the importance of economic confidence with respect to the CEECs' fi nancial markets. Since the...
Persistent link: https://www.econbiz.de/10010269983
This paper examines the importance of different economic sentiments, e.g. consumer moods, for the Central and Eastern European countries (CEECs) during the transition process. We first analyze the importance of economic confidence with respect to the CEEC's financial markets. Since the...
Persistent link: https://www.econbiz.de/10010271117