Showing 61 - 70 of 216,396
I analyze output growth, volatility, and skewness as the joint outcomes of financial openness. Using an industry panel of 53 countries over 45 years, I find that financial openness increases simultaneously mean growth and the negative skewness of the growth process. The increase in output...
Persistent link: https://www.econbiz.de/10009354652
This paper develops composite indicators of financial integration within the euro area for both price-based and quantity-based indicators covering money, bond, equity and banking markets. Prior to aggregation, individual integration indicators are harmonised by applying the probability integral...
Persistent link: https://www.econbiz.de/10013315337
I analyze output growth, volatility, and skewness as the joint outcomes of financial openness. Using an industry panel of 53 countries over 45 years, I find that financial openness increases simultaneously mean growth and the negative skewness of the growth process. The increase in output...
Persistent link: https://www.econbiz.de/10013315990
China is a fascinating country in Asia, the second-largest economy in the world, with incredible economic growth and development in the last two decades. In addition, China has dramatically enjoyed a disciplined and successful financial integration with the region and the world in the same...
Persistent link: https://www.econbiz.de/10012296075
This paper develops composite indicators of financial integration within the euro area for both price-based and quantity-based indicators covering money, bond, equity and banking markets. Prior to aggregation, individual integration indicators are harmonised by applying the probability integral...
Persistent link: https://www.econbiz.de/10012104477
We provide empirical evidence that risk sharing enhances specialization in production. First, we calculate an index of specialization for each of the European Community (EC) and non-EC OECD countries, U.S. states, Canadian provinces, Japanese prefectures, Latin American countries, and regions of...
Persistent link: https://www.econbiz.de/10014129968
contribute the most to reducing poverty? This paper examines these questions in four stages. First, it explores the factors …
Persistent link: https://www.econbiz.de/10012780721
, show that trade liberalization reduces poverty in Senegal, particularly in rural areas. While the fall in the relative …
Persistent link: https://www.econbiz.de/10012940647
This study aims to investigate the role of economic growth and inflation in explaining the prevalence of poverty in … poverty, economic growth, inflation, investment and trade openness over the period of 1972-2008. Empirical results show that … economic growth and investment have negative and inflation has positive impact on poverty. The effect of trade openness on …
Persistent link: https://www.econbiz.de/10009360276
The struggle against poverty and social inequality is one of the biggest challenges for developing countries. These … make globalization work for poorer people. Most empirical studies on the relationship between trade, inequality and poverty … trade liberalization on poverty on a sample of 106 developing countries during the period 1980-2010. The results indicate …
Persistent link: https://www.econbiz.de/10010638865