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that is often called the financialisation of capitalism. By developing a two-sector theoretical model the ratio of … significant role. The results confirm that in the course of financialisation the US financial sector has been able to extract …
Persistent link: https://www.econbiz.de/10011756019
Since the Great Recession of 2007-9 the financialisation of the US economy has reached a watershed characterised by … framework for big banks. The future path of financialisation in the USA will depend heavily on government policy with regard to …
Persistent link: https://www.econbiz.de/10011763652
In this paper, the Post-Kaleckian approach on financialisation which argues that investment of Nonfinancial …
Persistent link: https://www.econbiz.de/10011515275
the financial sector and the non-financial sectors of the economy associated with 'financialisation' on distribution … financialisation to the macroeconomy: first, the effect on income distribution, second, the effects on investment in capital stock … financialisation, short- to medium-run dynamic 'profits without investment' regimes may emerge, which can be driven by flourishing …
Persistent link: https://www.econbiz.de/10010242861
social groups. We distinguish a "Fordist regime" and a "financialisation regime" and produce simulation results within a …
Persistent link: https://www.econbiz.de/10003744546
Although market concentration is one of the main impediments to productivity growth globally, data constraints have limited its analysis to developed countries or cross-country studies based on definitions of market concentration across nations and industries. This paper takes advantage of a...
Persistent link: https://www.econbiz.de/10012202018
The paper delves into the implications of the financialisation process for competition law enforcement. We consider … of the financialisation of the economy. This paper offers the first attempt for a theoretical analysis of this topic …, focusing on the process of financialisation in the food industry. We explore the possibility that common ownership may …
Persistent link: https://www.econbiz.de/10012861259
Latin America faces a growing concentration of banking markets, situation that worries both the public and the media for its potential impact on competition, access to credit at competitive rates, and thus the potential impact on its economic and social development. This paper provides a brief...
Persistent link: https://www.econbiz.de/10010598869
This research finds the effect of financial leverage on efficiency of firms in Pakistan. The ordinary least square technique is used to detect efficiency of financial leverage of 154 textile firms in Pakistan over the period 2006 - 2011.The regression results indicate that leverage has s...
Persistent link: https://www.econbiz.de/10011725326
This unique study examines the interactive role of bank competition and foreign bank entry in explaining the risk-taking of banks over the globe. We used cross-country data for the banking sector from 2000 to 2016. Using the pooled regression model and Two-stage Least Squares model (2SLS with...
Persistent link: https://www.econbiz.de/10012611177