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Purpose The paper aims to investigate the relationship between institutions and economic growth in developing countries … implications The study calls for strengthening institutions so that the financial system supports economic growth and suggests … institutions and economic growth by considering the role of financial inclusion, public spending on education and military spending …
Persistent link: https://www.econbiz.de/10014581368
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...
Persistent link: https://www.econbiz.de/10010516460
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...
Persistent link: https://www.econbiz.de/10010518804
While various empirical studies have found negative growth-effects of natural disasters, little is yet known about the microeconomic channels through which disasters might affect short- and especially long-term growth. This paper contributes to filling this gap in the literature by studying how...
Persistent link: https://www.econbiz.de/10011283079
This paper contributes the on-going debate on income inequality in advanced economies with a proposal aimed at reducing costly investment mistakes that are prevalent among middle-class households. The paper starts by describing how households should invest, compares it with what we know about...
Persistent link: https://www.econbiz.de/10011339155
The tendency to underestimate the future value of a variable growing at a constant rate, an example of exponential growth bias, has been linked to household financial decision making. We show that exponential growth bias and standard measures of financial literacy are negatively correlated in a...
Persistent link: https://www.econbiz.de/10013122964
The objective of this paper is to find the causal relationship between economic growth (GDP) rate and domestic saving growth (GDS) rate by applying the Harrod Domar growth model in the case of the Chinese economy. This paper took an analysis of Harrod Domar growth model by using the...
Persistent link: https://www.econbiz.de/10012979498
In recent years, the economy of Argentina has experienced both rapid economic growth and severe economic decline. In this paper, we use a series of one-year long panels to study who gained the most in pesos when the economy grew and who lost the most in pesos when the economy contracted. To...
Persistent link: https://www.econbiz.de/10010284557
and implicit subsidies to toobig- to-fail financial institutions and tax reforms to promote neutrality between debt and …
Persistent link: https://www.econbiz.de/10011392793
institutions - and economic growth for the period 1991-2010. The motivation for this work comes from empirical studies showing a … during that period, attributable to the lending by FCS institutions and by commercial banks …
Persistent link: https://www.econbiz.de/10012941922