Narrow search
Showing 1 - 10 of 17,772
Cover Image
Interactions between financial markets and macroeconomic variables in EU : a nonlinear modeling approach
Albu, Lucian-Liviu; Lupu, Radu; Călin, Adrian Cantemir - 2015
There is a general acceptance of the fact that a significant direct relationship between financial markets and macroeconomic variables exists, especially by considering the assertion that developed financial markets correspond to high GDP levels. This paper provides an investigation of the...
Persistent link: https://www.econbiz.de/10011480254
Cover Image
Uncertain Booms and Fragility
Lee, Michael - 2017
I develop a framework of the build-up and outbreak of financial crises in an asymmetric information setting. In equilibrium, two distinct economic states arise endogenously: normal times – periods of modest investment, and booms – periods of expansionary investment. Normal times occur when...
Persistent link: https://www.econbiz.de/10012960899
Cover Image
Uncertain Booms and Fragility
Lee, Michael - 2018
I develop a framework of the buildup and outbreak of financial crises in an asymmetric information setting. In equilibrium, two distinct economic states arise endogenously: “normal times,” periods of modest investment, and “booms,” periods of expansionary investment. Normal times occur...
Persistent link: https://www.econbiz.de/10012914217
Cover Image
When Fragile Become Friable : Endemic Control Fraud as a Cause of Economic Stagnation and Collapse
Black, William K. - 2010
to crumble and produces economic stagnation.Economic theory about fraud is underdeveloped, economists are not taught … criminologists have falsified the economic theory is incorrect. Criminologists have found that neo-classical policies erode the …
Persistent link: https://www.econbiz.de/10013148986
Cover Image
Financial Crises, Financial Dependence, and Industry Growth
Laeven, Luc; Kroszner, Randall; Klingebiel, Daniela - 2004
Laeven, Klingebiel, and Kroszner investigate the link between financial crises and industry growth. They analyze data from 19 industrial and developing countries that have experienced financial crises during the past 30 years to investigate how financial crises affect sectors dependent on...
Persistent link: https://www.econbiz.de/10014113111
Cover Image
Asset bubbles, entrepreneurial risks, and economic growth
Hori, Takeo; Im, Ryonghun - 2022
Persistent link: https://www.econbiz.de/10013263071
Cover Image
From institutions to financial development and growth : what are the links?
Fernández, Andrés; Tamayo, César E. - 2015
This paper presents an integrated overview of the literature linking institutions, financial development and economic growth. From the large body of research on institutional development, the paper first selects those contributions that make it possible to study the role of institutional...
Persistent link: https://www.econbiz.de/10011290078
Cover Image
The impact of financial risks on economic growth in EU-15
Jianu, Ionuţ; Iacob, Laura-Mădălina; Tudorache, … - 2017
This paper examines the impact of financial risks on economic growth in the first 15 Member States of the European Union, considering 1995-2014 period and aims to lay down a new explanatory model of economic growth, based mainly on the behavioral reactivity of the financial disruptions mentioned...
Persistent link: https://www.econbiz.de/10012124345
Cover Image
Too Much Global Liquidity from Central Banks Distorts Financial Markets and Undermines Economic Growth
Dodwell, William J. - 2014
with liquidity to overcome fears of contagion that froze the credit markets and threatened the solvency of major banks … economic growth required to create jobs and restore prosperity. Rather, abundant global liquidity and attendant low interest … interest rates is forfeited. Furthermore, many speculate about potential inflation arising from all the liquidity when robust …
Persistent link: https://www.econbiz.de/10013057193
Cover Image
Causes and consequences of the financial crisis and the implications for a more resilient financial and economic system
Hein, Eckhard - 2016
The increasing dominance of finance starting in the late 1970s/early 1980s in the US and the UK, and somewhat later in other countries, was associated with two fundamental and structural processes generating the contradictions of this phase of development and finally the financial and economic...
Persistent link: https://www.econbiz.de/10011431645