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rate in a panel of 66 developing and developed economies. While the effect of FDI in the primary sector appears to be …
Persistent link: https://www.econbiz.de/10011904433
We study the role of international financial integration in buffering natural disaster shocks, using a large sample of advanced and emerging economies. Conditioning on such exogenous events addresses the endogeneity between financial structures and economic conditions. We document that...
Persistent link: https://www.econbiz.de/10014468927
and economic growth. We make use of a Johansen-based panel cointegration methodology allowing for cross-country dependence …
Persistent link: https://www.econbiz.de/10010223077
Motivated by the build-up of shadow bank leverage prior to the financial crisis of 2007-2008, I develop a nonlinear macroeconomic model featuring excessive leverage accumulation and endogenous financial crises to capture the observed dynamics and to quantify the build-up of financial fragility....
Persistent link: https://www.econbiz.de/10013194657
Persistent link: https://www.econbiz.de/10011790739
and economic growth. We make use of a Johansen-based panel cointegration methodology allowing for cross-country dependence …
Persistent link: https://www.econbiz.de/10013071385
-level panel data of Developing nations for the period extending from 2010 to 2020, the author used panel system GMM methodology …. The long-held hypothesis that NPLs contribute to economic growth is tested using the Panel Granger causality test. Further … panel cointegration tests were run to see whether the two variables have a long-term relationship. According to the study …
Persistent link: https://www.econbiz.de/10014382229
In the aftermath of the 2008 global financial crisis, the implications of financial liberalisation for stability and economic growth has come under increased scrutiny. One strand of literature posits a positive relationship between financial liberalisation and economic growth and development....
Persistent link: https://www.econbiz.de/10011698477
simultaneous-equation panel data models for a panel of 12 MENA countries over the period 1990-2011. Our results indicate that there …
Persistent link: https://www.econbiz.de/10010488272
There is growing evidence that the impact of financial development on economic growth might be non-linear and hump-shaped, exhibiting a turning point. However, such findings are typically established using total finances (mostly: credit), and the apparent non-linear impact of totals can stem...
Persistent link: https://www.econbiz.de/10012054612