financial markets work, and stress the vital need of preventing financial devices that result in productive investment crowding-out …

This study analyzes the long-term effects of financialization and financial development on investment and growth by …-run effects of these variables. Estimation results show evidence of cointegration among financial globalization, investment, and … negatively correlated with private investment for fixed capital. Meanwhile, results of the panel vector error-correction model …

; and compound interest structure. We provide mathematical proof that accumulated financial investment returns involve ever … investment game that individual investors do repeatedly play through time …

The study investigates the role of financial development in boosting the investment efficiency of firms' investments in … China. Using a large sample of firm-level financial data and country level economic data over the period 2004-2015, present … concludes that firms suffering from under- (over-) investment problem due to financing constraints (agency problem), are more …