[PDF] Top 20 Financial deepening and economic growth in Mozambique

... McKinnon and Shaw framework was criticized on the argument that raising institutional interest rates might have strong negative effects on savings, investment output and ...of financial repression ... See full document

... cointegration and Granger causality test, to explore the long run equilibrium relationship and the possible direction of causality between international trade, financial development and ... See full document

... In worldwide terms, the large amount of remittances sent back by migrant workers has spurred an intense debate on their potential effects for poverty reduction, financial stability and ... See full document

... shown in Table 1. Given the presentation of data and the size of the used sample, we chose to achieve cross-section regressions, where the group factor was time, in order to capture the individual ... See full document

... The financial openness helps emergent countries develop, therefore representing a need at a certain point in their economic ...investments, in particular, and foreign capital, in ... See full document

... de in- flação, somado ao regime de câmbio flutuante e operando sob condições de aber- tura (quase) total da conta de capital, resultou em grande instabilidade da taxa de câmbio ... See full document

... noted in Table 4, we use critical bounds obtained by Pesaran et al. (2001) and Narayan ...openness and per capita real GDP for Turkish economy over the period of 1980 ...reported in the lower ... See full document

... obtained in the previous table, indicated that heteroscedasticity, first order serial correlation and autocorrelation are presents in ...dependence and first order serial correlation, the ... See full document

... dismal economic performance between the 1950s and 1980s, the region experienced strong capital ...rates in comparison with the U.S. In this paper, we suggest that all these facts can be ... See full document

... economy in the last decade of the twentieth century, which became known as the "lost decade" (Peek and Rosengren ...stagnation in Japan and the western countries are related to the ... See full document

... of economic globalization on economic growth in OIC ...the growth effect of globalization. It also investigated whether the growth effect of globalization depends on the income ... See full document

... between Financial Depth (FD) and Economic Growth (EG) was remounts to the early of XIX century, when Schumpeter (1912), Robinson (1952), Goldsmith (1969), McKinnon (1973) and Shaw ... See full document

... linear growth models and the corresponding long-term estimates (Table 9), we conclude that all variables are statistically significant and have the expected ...consumption and education. The ... See full document

... perspective, financial integration maybe positive for the Eastern European coun- tries, both for long run growth and, as there are indications that foreign banks do not contract either their credit ... See full document

... Investors, financial institutions and regulators are interested in understanding what are the main determinants of value in real estate markets, measuring appropriate returns and risks ... See full document

... alocirale na racionalan, tr`i{no logi~an na~in: prema sektoru stanovni{tva, koji je za banke bio izrazito profitabilan, kao i dr`avni sektor,koji nosi najmanje rizike. Kreditna ekspanzija je zaobi{la realni sektor ... See full document

... paradigm and the second was based on the law and finance ...for economic growth and access to information to take up (Levine, ...the economic growth, in fact, the ... See full document

... Bloom and others imply a break with traditional findings of the human capital approach, in which the highest rates of return come from primary and secondary education (Psacharolopulos and ... See full document

... of economic growth and aggregate wealth distribution are key issues of macroeconomic studies and attempts to model these phenomena go far ...a growth model based on physical capital ... See full document

... the economic growth does not constitute alone an economic policy objective, in the context of the last economic and financial crisis, monetary policies objectives, grouped ... See full document