Showing 1 - 10 of 5,381
Macroprudential policy mainly aims to enhance financial stability and reduce the possibility of costly financial crises. However, to achieve this, macroprudential policy decisions may have some unintended side effects on economic growth. The paper provides an empirical framework for...
Persistent link: https://www.econbiz.de/10014581555
also curb output growth by affecting credit supply and investment. Using data for a panel of 64 advanced and emerging …
Persistent link: https://www.econbiz.de/10012947090
We analyze 1334 estimates from 67 studies that examine the effect of financial development on economic growth. Taken together, the studies imply a positive and statistically significant effect, but individual estimates vary a lot. We find that both research design and heterogeneity in the...
Persistent link: https://www.econbiz.de/10009743063
In this paper we analyse the effects of all sources of the accumulation of nonfinancial debt (household, corporate as well as government) on economic growth in ten euro-area countries during the 1980-2015 period. To this end, we make use of three models (a baseline, an asymmetric and a threshold...
Persistent link: https://www.econbiz.de/10012951846
This research addresses important empirical questions regarding the relationship between natural gas exports and Egyptian economic growth by extending the Dirtsakis's model (Dritsakis, 2004, p. 1834) with the addition of the labor force into the model and further by addressing the issue in a...
Persistent link: https://www.econbiz.de/10012980362
Persistent link: https://www.econbiz.de/10010212785
, commonly known as the Arab Spring, utilizing MENA countries data during period 2005-2016. Using the Arellano-Bond dynamic panel …
Persistent link: https://www.econbiz.de/10011980078
) in developing countries. The study uses panel data from 138 developing countries during the period 1980-2018. The … regions. We have carried out panel unit-root tests and panel cointegration tests before estimating the specified models using … both Panel Least Squares (Panel LS) and Panel Fully Modified Least Squares (FMOLS) methods. In addition, panel Granger …
Persistent link: https://www.econbiz.de/10012792392
This paper seeks to add to the current debate about financial development and growth in the emerging world by looking at how different financial systems evolve: how and why financial structures change during various stages of development, how best to measure them, and seeing what practical...
Persistent link: https://www.econbiz.de/10008907303
The paper recounts the history of the finance-growth nexus research from its origins to the yearly 1990s. The contributions are analyzed in connection with the socioeconomic context and advances in economic theory. Many ideas first expressed decades ago are still subject to constant discussions...
Persistent link: https://www.econbiz.de/10009690768