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This paper examines the impact of banking deregulation on growth in the U.S. Many states relaxed restrictions on intra … case for the U.S.; industries that borrow less from banks in fact grew at a faster rate after deregulation. This could be … on external financing should grow faster in the post-deregulation period. While this issue had been partly examined in a …
Persistent link: https://www.econbiz.de/10013101782
careful in a policy proposal designed to foster the process of development through foreign land ownership. It is important to … magnification of the world income inequality. …
Persistent link: https://www.econbiz.de/10009766230
market frictions such as credit constraints, can alleviate persistent cross-dynastic income inequality through increasing the … accumulation of human capital. We examine the impact of equity market liberalization on inequality by using the data of 72 …-dynastic income inequality. Finally, it is proved that foreign equity flows benefit the initially less active stock markets more than …
Persistent link: https://www.econbiz.de/10009528938
financial market frictions such as credit constraints, can alleviate persistent cross-dynastic income inequality by promoting … increased human capital accumulation. The authors examine the effect of equity market liberalization on inequality by using data … possibility of reducing inequality and poverty through equity market liberalization. -- income inequality ; equity market …
Persistent link: https://www.econbiz.de/10009723948
market frictions such as credit constraints, can alleviate persistent cross-dynastic income inequality through increasing the … accumulation of human capital. We examine the impact of equity market liberalization on inequality by using the data of 72 …-dynastic income inequality. Finally, it is proved that foreign equity flows benefit the initially less active stock markets more than …
Persistent link: https://www.econbiz.de/10013106563
Using three alternative models that incorporate the behavior of both credit constrained and unconstrained firms in a theoretically consistent manner, this paper presents evidence on the effects of economic liberalization of 1991 on aggregate private investment in India. Two robust conclusions...
Persistent link: https://www.econbiz.de/10014084326
Persistent link: https://www.econbiz.de/10003316475
Persistent link: https://www.econbiz.de/10001783759
Following the collapse of the socialist systems the countries of Middle- and Eastern Europe followed their way to …
Persistent link: https://www.econbiz.de/10003838585
While Greece's poor record on investment and exports predates the crisis, the deep economic recession has made addressing long-standing weaknesses a priority. This paper takes a closer look at selected structural reforms that are critical for bolstering investments and exports in Greece. We...
Persistent link: https://www.econbiz.de/10011498264