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This paper analyses the short- and long-run effects of trade openness on financial development in a panel including …
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. Therefore, this chapter aims at launching panel structural VAR (panel SVAR) model estimations by loading relevant matrices for … matrix. The contemporaneous impact of a shock in a panel variable on other panel variables are, hence, straightforward and … transparent in panel SVAR. The models of panel SVAR of this chapter employs 24 Asian countries for the period 1994-2017. The 576 …
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