Search Results - subject:"FINANCIAL LIBERALIZATION"

Cross–country convergence of financial reforms

Heckelman, Jac C. - In: European Economic Letters 2 (2013) 1, pp. 20-23

Financial liberalization indicators are tested for sigma convergence and divergence. Sigma convergence requires a …

Persistent link: https://www.econbiz.de/10010840483

Building on easy money:The political economy of housing bubbles in Ireland and Spain

Dellepiane, Sebastian; Hardiman, Niamh; Heras, Jon Las - Geary Institute, University College Dublin - 2013

This paper undertakes a structured, focused case-study comparison of housing bubbles in Ireland and Spain, based on the selection of two most-different cases that nonetheless share a common outcome of interest. Both countries were exposed to the same set of changes in their international policy...

Persistent link: https://www.econbiz.de/10010907465

Financial liberalization, financial development and productivity growth: An overview

Gehringer, Agnieszka - Institut für Weltwirtschaft (IfW) - 2013

empirical literature, there is no consensus regarding the contribution of financial liberalization and financial development to …

Persistent link: https://www.econbiz.de/10010956114

Financial liberalization and the relationship-specificity of exports

Defever, Fabrice; Suedekum, Jens - Düsseldorf Institute for Competition Economics (DICE), … - 2013

We investigate the causal impact of equity market liberalizations on sectoral export performance across 91 countries (1980 - 1997). The increased availability of external finance has boosted trade of industries that intensively use relationship-specific inputs, and lowered exports of industries...

Persistent link: https://www.econbiz.de/10010956711

Financial Liberalization, Foreign Ownership and Corporate Operational Efficiency: The Case of Taiwan Market

Lee, Tung-Hao; Huang, Jiun-Kai - In: Review of Economics & Finance 3 (2013) August, pp. 34-47

with more financial liberalization. Empirical results suggest a possible channel. Through this channel, a high level of …

Persistent link: https://www.econbiz.de/10010927783

Growth and Financial Liberalization under Capital Collateral Constraints: The Striking Case of the Stochastic AK model with CARA Preferences

Boucekkine, Raouf; Fabbri, Giorgio; Pintus, Patrick A. - HAL - 2013

We consider a small-open, collateral-constrained AK economy. We show that the combination of CARA preferences and uncertainty on capital inflows in such an economy generates long-term (expected) growth while the deterministic counterpart does not. In this framework, long-term growth is entirely...

Persistent link: https://www.econbiz.de/10010933848

Studies in Financial Systems No 6 Report on the Spanish Financial System

Altuzarra, Amaya; Ferreiro, Jesús; Gálvez, Catalina; … - Financialisation, Economy, Society & Sustainable … - 2013

The objective of this report is to provide a general overview of the process of transformation and development of the financial system in Spain that has taken place since the decade of the seventies in the past century. The report shows the main distinctive features of the financialisation...

Persistent link: https://www.econbiz.de/10010741336

THE IMPACT OF FINANCIAL LIBERALIZATION ON ROMANIAN BANKING SYSTEM EFFICIENCY

Maria-Lenuta, Ciupac-Ulici; Daniela-Georgeta, Beju - In: Annals of Faculty of Economics 1 (2013) 1, pp. 1070-1077

industrialization of the economy and to the stability of the banking sector. However, financial liberalization had big costs on the … banking system's competitiveness and efficiency. Financial liberalization has a different impact on banking markets. Thus … general are improving their efficiency following financial liberalization process. Banks that are operating in a further …

Persistent link: https://www.econbiz.de/10010685466

THEORETICAL ASPECTS OF FINANCIAL LIBERALIZATION PROCESS

Maria-Lenuta, Ciupac-Ulici; George, Ardelean Ciprian; … - In: Annals of Faculty of Economics 1 (2013) 1, pp. 867-875

Financial liberalization process and its implications on financial emerging markets have been multidisciplinary … research since 1970. Reform of financial liberalization is a complex and long phenomena. This implies that the impact of this … liberalization process. It is generally accepted that the process of financial liberalization is not composed of a single event, but …

Persistent link: https://www.econbiz.de/10010685600

Financial stability between liberalization and regulation

IONESCU, Cristian - In: Theoretical and Applied Economics XVIII(2013) (2013) 9(586), pp. 145-167

The economic crisis that began in 2008 raised the problem of bringing into discussion some very important economic issues, including financial instability, which is perhaps the most serious and important one. Thus, given that economic policies seek not only to solve and to present alternatives,...

Persistent link: https://www.econbiz.de/10010696683