Showing 91 - 100 of 26,541
We survey the literature on venture capital and institutions and present a case study comparing the development of the venture capital market in the US to Sweden. Our literature survey underscores that the legal environment, financial market development, the tax system, labor market regulations,...
Persistent link: https://www.econbiz.de/10010945002
Este escrito estudia las condiciones suficientes y/o necesarias para implicar el cambio estructural. En él se compara el proceso de industrialización de Corea del Sur con el de Colombia. Se analizan dos períodos: 1960-1990 y 1991-2007, antes y después de la apertura en ambos países. Se...
Persistent link: https://www.econbiz.de/10010945916
The Czech Republic, Hungary and Poland (CEEC-3) have undertaken substantial efforts to build a new financial system under the constraints of their legacies from central planning. In this study, first we look at the banking sector. Then we give a description of bond and stock markets. These...
Persistent link: https://www.econbiz.de/10005083143
This paper examines financial sector characteristics in resource-dependent economies. Using a unique dataset covering 133 countries, we present empirical evidence that the banking sector tends to be smaller in resource-dependent economies, even when controlling for several other factors which...
Persistent link: https://www.econbiz.de/10010538700
An endogenous growth model with a financial sector is formulated, and empirical analyses are conducted. The model exhibits structural shifts and breaks caused by institutional change, suggesting that a linear approach is inadequate. To address this point empirically, we fit data for 90 countries...
Persistent link: https://www.econbiz.de/10009226237
This paper provides an empirical explanation to the observed disparity in cross-border M&A inflows to developing and developed countries over the last two decades. We show two main results. First, the disparity can be attributed to the difference in the quality of institutions between the two...
Persistent link: https://www.econbiz.de/10009363751
This paper addresses the challenges facing China in accelerating the pace of rural-urban migration as part of its on-going economic development programme. It explains the push and pull influences on migration and in particular explains why a continuing focus on urbanisation is justified by the...
Persistent link: https://www.econbiz.de/10009368600
A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium. We highlight, distinguish, and evaluate their differential impacts and rich interactions. The economic impact of financial inclusion...
Persistent link: https://www.econbiz.de/10012846881
A comparative study of Corporate Governance structures at two organizations situated across the Atlantic Ocean has been conducted to understand the rationale for the observed differences from an international versus a nationally focused business perspective. A research based recommendation for...
Persistent link: https://www.econbiz.de/10012982537
This paper contains the tables of contents, legislation and cases, the introduction and the index of a book published by Cambridge University Press (2008). The cover text reads as follows: "On the one hand, it can be argued that the increasing economic and political interdependence of countries...
Persistent link: https://www.econbiz.de/10014221480