", stock-market fluctuations should Granger cause fluctuations of the unemployment rate. We performed several Granger-causality …, feedback cannot be rejected, whereas the causality clearly runs from the stock market to the unemployment rate in the medium to …

at the impact of certain financing components separately or using ratios, which may bias the estimation and lead to … for financing composition in terms of the sources (bank credit, debt securities, stock market) and the recipients of …) The non-linear impact of total bank credit is more pronounced than that of either household credit alone, or the sum of …

economic growth in the Least Developed Countries (LDCs) using panel data for the period 2000-2021. Results show that, in …

In this paper, we use a modified concept of Granger-(non)causality in reconsidering the negative correlation between … causality between stock returns and inflation may be regarded as an asymmetric one, and the indicative role of stock returns may …

panel of 34 advanced economies from 1996 to 2020, we first employ a panel VAR estimated via System GMM, which allows us to … of political instability from culturally approximate countries to establish causality. The empirical results suggest that …In diesem Aufsatz analysieren wir die Beziehung zwischen politischer Instabilität und Wirtschaftswachstum für …

This paper analyzes the intertemporal variation of trust on economic growth. Constructing a unique global country panel … dataset and applying a system-generalized method of moments (SYSGMM) estimation approach to a sample of 75 market economies … between trust and growth. 2 Thisrelationship corroborates earlier panel data results but challenges findings that posit a …

responses using panel data for a set of OECD countries during the period 1975-2014. We find evidence that households do in fact …

banks and capital markets, which channel savings into investments and other productive activities that contribute to …