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growth. We further demonstrate that banking market structure can be responsible for the emergence of development traps in … competition ; economic growth ; oligopoly ; lending …
Persistent link: https://www.econbiz.de/10003864581
, innovations, and the advance of human knowledge - the rate of growth of capacity has slowed. [...] …
Persistent link: https://www.econbiz.de/10010517057
, innovations, and the advance of human knowledge-the rate of growth of capacity has slowed. The past quarter century witnessed the …
Persistent link: https://www.econbiz.de/10010530034
Micro, small and medium-sized firms (MSMEs) are a key source of employment and economic growth in Indonesia. They …, curbing their role in boosting living standards. There are several ways to spur MSME productivity growth over the medium term …
Persistent link: https://www.econbiz.de/10009690880
This paper analyzes growth and welfare effects of income taxation in a stochastic endogenous growth model with … effect on the expected growth rate. Paradoxically, this may induce welfare gains. The opposite results can be derived for a … ascribed to the specific int eraction of consumption and portfolio choice in the determination of growth and welfare. …
Persistent link: https://www.econbiz.de/10011526591
This paper examines the relationship between stock market development and economic growth in case of Argentina … growth. -- stock market development ; economic growth ; VEC models ; Granger causality ; exogeneity …
Persistent link: https://www.econbiz.de/10009743823
The Irish economy has experienced a decline in productivity growth over the past decade. This has mostly reflected the …. Given the mobility of foreign-owned firms, achieving sustainable productivity growth requires addressing productivity …
Persistent link: https://www.econbiz.de/10011914268
) 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 study reconsiders the role of jumps for volatility forecasting by showing that jumps have a positive and mostly significant impact on future volatility. This result becomes apparent once volatility is separated into its continuous and discontinuous component using estimators which are not...
Persistent link: https://www.econbiz.de/10010328432
Hedge fund managers differ in ability and investors want to distinguish good ones from bad. Via the design of their investment strategies, better fund managers want to ease this inference problem while worse fund managers want to complicate it. We impose only the minimal restrictions on the...
Persistent link: https://www.econbiz.de/10010352178