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Purpose: Modelling security prices seem to be an ending debate in finance literature due to no clear consensus on behavioral patterns, Knowledge of stock price movement has always been an important source of information that is much needed in asset pricing and trading strategies, The aim of this...
Persistent link: https://www.econbiz.de/10014281279
Aim: In this paper, it is argued that in complex financial systems private goods, important for the creation of a market, have to be considered in a multiple of differing property rights structures necessary for the functioning of the system. This may lead to high transaction costs and adverse...
Persistent link: https://www.econbiz.de/10014315987
Persistent link: https://www.econbiz.de/10014319637
) in recent years. The impact on bank funding and economic growth in the region cannot be ignored. This paper examines the … extent to which Fintech has affected bank funding and economic growth in the region by utilizing data from 56 banks across 19 … financial system has ultimately restricted its effects on economic growth in SSA. Furthermore, the study did not find evidence …
Persistent link: https://www.econbiz.de/10014500906
This paper investigates the influence of international openness on economic growth in a sample of 32 European economies …. The usual approach in the literature on the topic is to observe the impact of trade openness on growth. We, however … empirical analysis we use the TSLS (two stage least squares) estimator, whereby in the first step we use the standard growth …
Persistent link: https://www.econbiz.de/10010346735
This paper explores the long-run effects of inflation on the dynamics of private sector bank credit and economic growth … private sector. Another crucial finding is that policies of financial liberalization have helped stimulate economic growth …. Reinforcing the literature on finance and growth, this study reaffirms that inflation rates are detrimental to long-run financial …
Persistent link: https://www.econbiz.de/10010385259
impact of both trends on long-run economic growth is studied, and results are discussed in light of relevant policy debate. …
Persistent link: https://www.econbiz.de/10011304117
Recent research has revealed enormous variation in performance and growth among firms, which both drives and is driven …
Persistent link: https://www.econbiz.de/10011417130
There are common narratives about economic growth in Ethiopia. We analyze four common narratives, namely, that (1) the … economy is transforming from agriculture to industry, (2) that national economic growth has been rapid and sustained, (3) that …
Persistent link: https://www.econbiz.de/10011956354
This paper examines the effects of foreign direct investment (FDI) on South Asian economies’ output growth, utilizing … growth is found. We find evidence for both FDI-led growth and growth-induced FDI hypotheses for the South Asian economies … capital, and government consumption show the most significant positive effects on output growth. As determinants of FDI, GDP …
Persistent link: https://www.econbiz.de/10011572829