Showing 1 - 10 of 7,893
Persistent link: https://www.econbiz.de/10010461916
Persistent link: https://www.econbiz.de/10011656320
Persistent link: https://www.econbiz.de/10013287809
We describe a dynamic model of financial intermediation in which fundamental characteristics of the economy imply a unique equilibrium path of bank and financial market lending. Yet we also show that economies whose fundamental characteristics have converged may continue to have very different...
Persistent link: https://www.econbiz.de/10011604488
Persistent link: https://www.econbiz.de/10010471872
Persistent link: https://www.econbiz.de/10012418299
Persistent link: https://www.econbiz.de/10014283864
This paper reviews the literature on the finance-growth nexus within a neoclassical growth framework, placing an … Agenda. While more research is needed to establish causality and verify the theoretical channels linking access to finance …
Persistent link: https://www.econbiz.de/10011604833
In various writings Karl Marx made references to an "aristocracy of finance" in Western Europe and the United States … decades, and especially in the context of the current crisis, a new "aristocracy of finance" has emerged, as corporate … holdings of the public debt have become rapidly concentrated in favor of large corporations classified within Finance …
Persistent link: https://www.econbiz.de/10011753739
Persistent link: https://www.econbiz.de/10013369763