Search Results - subject:"FINANCIAL LIBERALIZATION"

Aspects of Financial Reforms In the Presence of Product Market Imperfection

Chakraborty, Samiran - Centre for Development Economics, Delhi School of Economics - 2002

In this paper we construct a dynamic general equilibrium model to analyse different aspects of financial reforms in a two sector closed economy. Market structure in one of the sectors is perfectly competitive, while the other sector is monopolistically competitive. The perfectly competitive...

Persistent link: https://www.econbiz.de/10005113702

DID FINANCIAL PERFORMANCE OF EUROPEAN FIRMS IMPROVE AND CONVERGE AFTER INTRODUCTION OF THE EURO?

Rakhmayil, Sergiy - In: The International Journal of Business and Finance Research 4 (2010) 2, pp. 27-41

objective is to study the impact of the financial liberalization on firm performance in individual countries, and on cross … implemented the common currency. Overall, financial liberalization had a positive effect on firm performance in Europe. …

Persistent link: https://www.econbiz.de/10011206104

Rethinking the Effects of Financial Liberalization

Broner, Fernando; Ventura, Jaume - Barcelona Graduate School of Economics (Barcelona GSE) - 2010

simple model that can account for the observed effects of financial liberalization. The model emphasizes the role of … model, financial liberalization might lead to different outcomes: (i) domestic capital flight and ambiguous effects on net …

Persistent link: https://www.econbiz.de/10010851384

Financial Intermediation, Capital Flow and Macro Economy: An Effective Demand Model for an Emerging Market Economy

Basu, Rilina; Narayan Nag, Ranjanendra - In: Journal of Economic Integration 25 (2010), pp. 571-591

This paper examines two issues that are central to the macroeconomic implications of large external shock for an emerging market economy. First, the paper examines how capital reversal and credit squeeze can reduce aggregate demand that lead to cascading contraction in employment. Secondly, the...

Persistent link: https://www.econbiz.de/10009421188

Financial Reforms and Industrial Sector Growth: Bound Testing Analysis for Pakistan

Shahida, Wizarat; Qazi, Hye Muhammad Adnan - In: South East European Journal of Economics and Business 5 (2010) 2, pp. 75-81

This study investigates the relationship between the financial liberalization index and industrial sector growth for … both the financial liberalization index and the real interest rate speed up industrial sector growth. However, in the long … run the financial liberalization index and real interest rate slow down industrial sector growth. The error correction …

Persistent link: https://www.econbiz.de/10010534367

External financial liberalization and growth in emerging countries: a panel data estimation using a new index (1990-2004)

Laan, Cesar Rodrigues van der; Cunha, André Moreira; … - In: Journal of Post Keynesian Economics 33 (2010) 2, pp. 307-332

The 2008 financial crisis and its economic downturn have reignited the fierce debate about the financial liberalization … literature, that is, the link between financial liberalization and economic growth might not be as strong as may be supposed in … this line of research, contributing in two main ways. First, we present an alternative method to measure financial …

Persistent link: https://www.econbiz.de/10009353095

Effect of Capital Flight on Investment: Evidence from Emerging Markets

Yalta, A. Yasemin - In: Emerging Markets Finance and Trade 46 (2010) 6, pp. 40-54

investigates the effect of capital flight on investment and how this effect changes with financial liberalization policies. The … investment. However, no statistically significant impact of financial liberalization on the marginal effect of capital flight on …

Persistent link: https://www.econbiz.de/10009353262

Financial liberalization, bureaucratic corruption and economic development

Blackburn, Keith; Forgues-Puccio, Gonzalo F. - In: Journal of International Money and Finance 29 (2010) 7, pp. 1321-1339

financial liberalization which, at the same time, raises efficiency in capital production. Our main results may be summarized as …) financial liberalization is good for development when governance is good, but may be bad for development when governance is bad …

Persistent link: https://www.econbiz.de/10008865718

Rethinking the Effects of Financial Liberalization

Broner, Fernando A; Ventura, Jaume - C.E.P.R. Discussion Papers - 2010

Persistent link: https://www.econbiz.de/10008784713

Financial Reforms and Industrial Sector Growth: Bound Testing Analysis for Pakistan

Shahida, Wizarat; Qazi, Hye - In: South East European Journal of Economics and Business 5 (2010) 2, pp. 75-81

Persistent link: https://www.econbiz.de/10010641249