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This paper analyses the macroeconomic drivers of stock market development in the Philippines during the period 2001Q4-2016Q4. In particular, the paper examines the impact of banking sector development, inflation rate, exchange rate, economic growth, trade openness and stock market liquidity on...
Persistent link: https://www.econbiz.de/10011988842
A bulk of literature has identified the major economic drivers of Hong Kong's rapid and steady economic performance over the last three decades. Of the major economic drivers identified, the performance of the stock market has received less attention. This paper examines the causal links between...
Persistent link: https://www.econbiz.de/10011995311
We assessed the impact of stock market development on growth in Hong Kong for the period 1986Q2 to 2015Q4. By constructing a composite index of stock market development and controlling for the key determinants of growth, we found stock market development to promote growth both in the short and...
Persistent link: https://www.econbiz.de/10012657445
The main objective of this article is to test the hypothesis that the economic crisis has resulted in significant changes in the socioeconomic and labor profile of the new self-employed in Spain between 2008 and 2013. Additionally, it is intended to determine if there are homogeneous profiles of...
Persistent link: https://www.econbiz.de/10014544578