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Sustainable development within the investigated context includes the ability of African countries to meet the present economic, social and environmental needs without compromising the ability of future generations to meet their own needs. A challenging contemporary policy syndrome is the lack of...
Persistent link: https://www.econbiz.de/10011956968
Cape Town, South Africa, 7 Sept. 2016 - 8 Sept. 2016. Theme: Sustainable economies in the information economy. Purpose: To share the quality academic papers presented at the International Conference on Business and Management Dynamics (ICBMD) held from 7 to 8 September 2016 at African Pride...
Persistent link: https://www.econbiz.de/10011959543
This paper investigates empirically whether the relation between finance and growth depends on a specific type of … indicates that high levels of finance are negatively related to economic growth. In contrast, financing of corporates is largely …
Persistent link: https://www.econbiz.de/10011963645
Abstract This rejoinder provides the editor's answer to Jacques-Olivier Charron's commentary to ‘Finance at Work’.  …
Persistent link: https://www.econbiz.de/10014585034
In recent years, a number of studies have found in favour of a causal link between finance and growth. This paper … separate coefficients for OECD and non-OECD member countries. We find that finance has a greater impact upon growth in non …-OECD countries, with bank finance of particular importance. Second, we explore the issue of identification, concluding that it is …
Persistent link: https://www.econbiz.de/10014588433
Abstract Genericity analysis is widely used to show that desirable properties that fail in certain "knife-edge" economic situations nonetheless obtain in "typical" situations. For finite-dimensional spaces of parameters, the usual notion of genericity is full Lebesgue measure. For infinite...
Persistent link: https://www.econbiz.de/10014588977
Fifteen years ago, I found it easy to be in favor of international capital mobility — the free flow of investment financing from one country to another. Then it was easy to preach for an end to all systems of controls on capital that hindered this flow. Now it is harder.
Persistent link: https://www.econbiz.de/10014591467
-Württemberg from economic, political, and statistical perspectives. The verbal agreement of the finance model, made in 1999 between …
Persistent link: https://www.econbiz.de/10014608803
Abstract Governments make substantial contributions to the finance of railways in Europe. This paper first considers …
Persistent link: https://www.econbiz.de/10014618896
This dissertation consists of two chapters. The first chapter shows that the measurement errors in betas for stocks induce corresponding measurement errors in alphas and a spurious negative covariance between the estimated betas and alphas across stocks. This negative covariance between the...
Persistent link: https://www.econbiz.de/10009433962