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We analyze recent contributions to growth theory based on the model of expanding variety of Romer (1990). In the first …
Persistent link: https://www.econbiz.de/10012713370
progressive taxation and economic stability, economic growth, inequality and fiscal policy. Based on data from 1981 to 2002, they … economic stability by reducing growth. The authors do find that the possibility of raising progressivity is constrained by …
Persistent link: https://www.econbiz.de/10012714021
This is the supplemental material to the paper titled "Branch Expansion versus Digital Banking: The Dynamics of Growth …
Persistent link: https://www.econbiz.de/10013238439
economic growth and stability in the macroeconomic environment. The study uses annual data for the period 2009 to 2019 for its …
Persistent link: https://www.econbiz.de/10013239211
, growth, and inequality. In the model, households choose their occupations, consumption, and holdings of loans and portfolio … Thailand between 1986-1996. The model quantifies the sources of growth and inequality over time and across space and the …
Persistent link: https://www.econbiz.de/10013241695
growth literature. We have discovered that the prevailing literature has, however, misinterpreted Schumpeter, which leads to … important variables of the finance and growth literature. Our empirical analysis above all supports Schumpeter’s view that … credit growth supports GDP growth while saving is irrelevant for credit growth and GDP growth. In sum, a correct …
Persistent link: https://www.econbiz.de/10013201693
This paper investigates the effect of FDI on economic growth conditional on the institutional quality of host countries … develop several arguments to show that institutional quality modulates the intensity of FDI impact on growth. Using a … endogenous threshold of institutional quality that influence the FDI growth effect. These results have sinificant implications …
Persistent link: https://www.econbiz.de/10013033984
Financial sector innovation and development since the 1970s contributed to global prosperity, but increased the probability of bank failures. The post-2007 financial crisis was one of many crises with idiosyncratic catalysts but common underlying causes. Public policies, such as deposit...
Persistent link: https://www.econbiz.de/10013147239
the financial system and thus economic growth. However, the study of the existing dynamic relationships between these … on growth is conditioned by the level of development of the financial system …
Persistent link: https://www.econbiz.de/10013243532
Persistent link: https://www.econbiz.de/10013078516