Showing 1 - 10 of 1,940
This paper evaluates the effect of Chinese monetary policy shocks on credit creation through the shadow banking sector … projection was then estimated, using the surprise measure as an instrument. The results give two key findings: 1) shadow credit …
Persistent link: https://www.econbiz.de/10013241794
The aim of this research was determining the factors of growth in the textile and food sector of Pakistan. The research study analyzed data from the financial statements of textile and food sector companies of Pakistan for the period 2013-17. A fixed effect regression model was used for...
Persistent link: https://www.econbiz.de/10012197213
Productivity growth has flat-lined in most economies despite rapid advances in technology. Economists suggest competing explanations for this paradox. Some argue the current stagnation will persist given deep structural challenges, arguing that recent technological advances are no match for...
Persistent link: https://www.econbiz.de/10012890306
This paper explores the relationship between financial performance and macroeconomic fundamentals in emerging market economies not only in times of crises, but in general during crisis and non-crisis years over the global financial cycle. Using a panel framework with data for 119 emerging market...
Persistent link: https://www.econbiz.de/10012967654
The authors review the challenges that the Romanian economy and society had to face in the European and global geoeconomic context. Starting from the perspectives advanced by the international economic fora, the risks the European economy will have to answer through counteracting and general...
Persistent link: https://www.econbiz.de/10014464256
Is the Chinese growth miracle - a remarkably high growth rate sustained for over two decades - likely to persist or are the seeds of its eventual demise contained in the policies that have boosted growth? For all its presumed flaws, the particular approach to macroeconomic and structural...
Persistent link: https://www.econbiz.de/10013316851
by using matched bank-firm-level data on credit, employment, capital expenditure and TFP, we find that firm real estate … collateral as measured by tangible fixed assets plays a critical role. In particular, bank flow shocks increase the credit supply … to firms and sectors with more real estate collateral. Higher credit supply then leads firms to hire and invest more …
Persistent link: https://www.econbiz.de/10012137065
In contrast to the empirical literature's focus on foreign direct investment (FDI), this study examines the effects of foreign portfolio investment (FPI) and "other" foreign investment (OFI) on economic growth using data on 88 countries from 1977 through 2000. Most measures suggest that FPI has...
Persistent link: https://www.econbiz.de/10014088914
We analyze the contribution of credit spread, house and stock price shocks to GDP growth in the US based on a Bayesian …
Persistent link: https://www.econbiz.de/10009739598