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earlier empirical literature. In this paper, we analyse the finance-growth nexus using a fixed-effects panel model and … unbalanced panel data from 25 transition countries during the period 1993-2000. We measure the qualitative development in the …
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This paper analytically explores and empirically tests a number of hypotheses to explain the rapid growth in transition economies. The paper finds that growth in the Commonwealth of Independent States (CIS) has been higher because of the recovery of lost output, progress in macroeconomic...
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sharing on the volume of private credit by examining unique bank-level panel data from Ukraine, a transition economy where … information sharing among banks is only a recent phenomenon. Employing the fixed-effects framework and dynamic panel methods to …
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