Showing 1 - 10 of 4,688
This study investigated the determinants of bank savings in Nigeria as well as examined the impact of bank savings and … (INFR) on the size of private domestic savings. Also a positive relationship exists between the lagged values of total … private savings, private sector credit, public sector credit, interest rate spread, exchange rates and economic growth. We …
Persistent link: https://www.econbiz.de/10013034614
-whether financial intermediation is performed through banks or markets-for macroeconomic volatility, against the backdrop of increased …
Persistent link: https://www.econbiz.de/10012871772
An all-inclusive financial system is one of the channels through which information and communication technology (ICT …
Persistent link: https://www.econbiz.de/10012500594
This article analyses the growth of microfinance by examining how some driven forces heighten more or less their financial integration. Three main driven forces identify: agency costs, financial development and trade-off in microfinance. The author samples 542 microfinance institutions. Quantile...
Persistent link: https://www.econbiz.de/10013002225
This paper investigates empirically whether the relation between finance and growth depends on a specific type of financing. I construct a novel panel data set for 34 high income countries over the time period from 1995 to 2014 based on financial accounts data. It allows distinguishing between...
Persistent link: https://www.econbiz.de/10011962798
This paper presents a dynamic general equilibrium model where asymmetric information about asset quality leads to asset … illiquidity. Banking arises endogenously in this environment as banks can pool illiquid assets to average out their idiosyncratic … qualities and issue liquid liabilities backed by pooled assets whose total quality is public information. Moreover, the …
Persistent link: https://www.econbiz.de/10003996879
The study extends the debate on finance versus institutions and measurement of property rights institutions. We assess the relationships between various components of property rights institutions and private investment, notably: political, economic and institutional governances. Comparative...
Persistent link: https://www.econbiz.de/10013235236
The aim of this paper is to investigate the long run relationship between the development of banks and stock markets … as evidence supporting the significance of financial development for economic development although banks and stock …
Persistent link: https://www.econbiz.de/10010223077
This study empirically examines the independent effects of stock market and banking sector development on economic growth in Nigeria over the period 1981-2014 using the autoregressive distributed lag (ARDL) approach to co-integration analysis. Controlling for the possible effects of crude oil...
Persistent link: https://www.econbiz.de/10011450677
I develop a framework of the build-up and outbreak of financial crises in an asymmetric information setting. In …. As a result, investors face greater uncertainty in booms. During a boom, subsequent arrival of negative information about …
Persistent link: https://www.econbiz.de/10012960899