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financial spheres. The monetary profit inducing capitalist production, emanates from the sphere of finance. In a world of …
Persistent link: https://www.econbiz.de/10010299493
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
; those focusing on finance will be cross classified with G24 Investment Banking, venture capital, brokerage and rating …
Persistent link: https://www.econbiz.de/10010271790
The Finance-Growth Nexus is a classical source of debate among economists. This contribution offers regional evidence … countries. The results for this application support the view that finance leads growth, reject its possible endogeneity and …
Persistent link: https://www.econbiz.de/10010273090
The present contribution tests whether countries can be pooled when studying the finance-growth nexus. Overall, our …
Persistent link: https://www.econbiz.de/10010273103
This paper studies constrained portfolio problems that may involve constraints on the probability or the expected size of a shortfall of wealth or consumption. Our first contribution is that we solve the problems by dynamic programming, which is in contrast to the existing literature that...
Persistent link: https://www.econbiz.de/10010311801
We contribute to the finance literature in two main ways. First, we present a theoretical capital asset pricing model …
Persistent link: https://www.econbiz.de/10010291538
Persistent link: https://www.econbiz.de/10000882384
Persistent link: https://www.econbiz.de/10000889400