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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 the countries …
Persistent link: https://www.econbiz.de/10010320038
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
thereby fosters economic growth. We apply a structural estimation approach to fully track the endogenous mechanisms of the …This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take …
Persistent link: https://www.econbiz.de/10010261393
thereby fosters economic growth. We apply a structural estimation approach to fully track the endogenous mechanisms of the …This paper examines the impact of capital market integration (CMI) on higher education and economic growth. We take …
Persistent link: https://www.econbiz.de/10010267663
The paper investigates whether higher financial integration leads in general to slower current account adjustments. The study estimates theoretically founded trade balance reaction functions for a panel of seventy countries from 1970-2004. The empirical analysis finds that adjustment in...
Persistent link: https://www.econbiz.de/10010316759
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