This study provides an empirical analysis of the macroeconomic factors that can potentially affect investment decisions in Argentina in a short, medium and long run perspective. Both the theory and the empirical literature are reviewed in order to identify a private investment function for the...

Changes in financial policy are expected to result in the greater availability of credit as financial controls are relaxed and banking competition is increased. This ‘financial deepening’ should show up in ahigher consumption expenditure in areas where credit is often required, such as...

This paper surveys the existing literature on the determinants of household savings and credit in developing countries and examines the ways in which macro-level policies might impact on household financial behaviour.

Victory in the War for Independence brought a vast amount of land within the grasp of the new American nation -- territory stretching from the Appalachian Mountains to the Mississippi River between the southern shores of the Great Lakes and Spanish Florida. These lands were initially claimed by...

The prime task of modelling cross-market contagion is to predict the imminence of a pestilent currency crisis. Empirical models are developed here to study the roles and channels of contagion in exchange rate volatilities, in ways which are as economically sound and econometrically simple as...

It is widely believed that seriously excess debt problems form a major cause of the 1997 Asian financial crisis. This paper investigates empirically the role of the debt problems with respect to both the won/$US rate fluctuations and the won collapse in November 1997. The problems are...

Considering the present situation of the society of Iran and according to the effect of grand institution of waqf in resolving problems such as poverty, it is necessary to make an opportunity that new subject such as cash waqf being studied and examined. Hence, the purpose of this research is to...

Online platforms that allow non-residents to register firms have emerged to boost economic development goals in jurisdictions ranging from Wyoming (United States) to Estonia. They create novel governance challenges that fall between governance frameworks. The global tax governance agenda needs...

In a simple portfolio choice model of two assets, a foreign exchange transactions tax is implemented. We show that the graph in the mu-sigma(2)-range is still a parabola and delineate its characteristics for altering tax rates. We presumed a risk avers investor seeking to minimize investment...

A careful review of previous empirical studies in developing countries reveals that these studies have focused on explaining relative use of debt, equity or internal finance using aggregate financial ratios (Mayer, 1988, 1989, and 1990; Glen and Pinto, 1994; IFC, 1991). These studies conceal rather...