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The present contribution tests whether countries can be pooled when studying the finance-growth nexus. Overall, our …
Persistent link: https://www.econbiz.de/10010273103
The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 … effect on growth of inflation or its standard deviation, and one that appears to decline in magnitude as the inflation rate … increases, as seen for OECD countries. And the results include a role for a normalized money demand in affecting growth, as well …
Persistent link: https://www.econbiz.de/10010494404
The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 … find a strong, robust, negative effect on growth, and one that declines in magnitude as the inflation rate increases. These … results include a role for a normalized money demand, by itself and as part of a nonlinearity in the inflation-growth effect …
Persistent link: https://www.econbiz.de/10010288837
The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 … find a strong, robust, negative effect on growth, and one that declines in magnitude as the inflation rate increases. These … results include a role for a normalized money demand, by itself and as part of a nonlinearity in the inflation-growth effect …
Persistent link: https://www.econbiz.de/10003785297
The paper examines the effect of inflation on growth in transition countries. It presents panel data evidence for 13 … effect on growth of inflation or its standard deviation, and one that appears to decline in magnitude as the inflation rate … increases, as seen for OECD countries. And the results include a role for a normalized money demand in affecting growth, as well …
Persistent link: https://www.econbiz.de/10003873058
-linear relationship between financial development and growth, we find an inverted U-shaped relationship between finance and growth in the …We revisit the relationship between financial development and economic growth in a panel of 52 middle income countries … financial development does not have a linear positive long-run impact on economic growth in this sample. When we consider a non …
Persistent link: https://www.econbiz.de/10010340261
a strong positive impact on bank profitability. Bank finance acts a complement to equity financing in GCC banks …
Persistent link: https://www.econbiz.de/10013014880
Savings problem has become a crucial issue since it is one of the reasons of today's frequently-observed-financial crisis. There are several theories explaining this problem in the framework of consumption theory. Inequality in income distribution affects saving behavior. In this sense, our...
Persistent link: https://www.econbiz.de/10012896923
This paper aims to investigate the long-run relationship between financial development and economic growth using panel … growth. The long-run panel estimates indicate that financial development has a positive and significant impact on economic … growth. For the robustness of the results, this paper has also performed time-series analysis on a single country basis. The …
Persistent link: https://www.econbiz.de/10011904249
While the financial inclusion would induce greater pollutant emissions through its impact of economic activity, the increased access to financial services may unleash investments in green technologies. This papier investigates whether the financial inclusion influences the dynamic of carbon...
Persistent link: https://www.econbiz.de/10014582291