Thi Thuy Huong Luong; Attasuda Lerskullawat; Thanarak … - In: Scientific papers of the University of Pardubice 32 (2024) 1, pp. 1-12
, non-commercial banks and financial markets. By applying difference GMM estimation, the research demonstrated a significant … innovation in financial markets indicates significantly negative effects on economic growth. Introducing complex products in … stock and bond markets in underdeveloped financial markets probably lead to the volatility and fragility, reducing economic …