Search Results - subject:"FINANCIAL LIBERALIZATION"

An eclectic third generation model of financial and exchange rate crises

Izquierdo, Joaquin Novella; Alcon, Joan Ripoll i - Facultat d'Economia i Empresa, Universitat de Barcelona - 2008

This paper presents an eclectic model that systematizes the dynamics of self-fulfilling crises, using the main aspects of the three typologies of third generation models, to describe the stylized facts that hasten the withdrawal of a pegged exchange rate system. The most striking contributions...

Persistent link: https://www.econbiz.de/10005022372

Growth and Risk at the Industry Level: the Real Effects of Financial Liberalization

Levchenko, Andrei A.; Rancière, Romain; Thoenig, Mathias - C.E.P.R. Discussion Papers - 2008

This paper analyzes the effects of financial liberalization on growth and volatility at the industry level in a large … characteristics to obtain an alternative set of difference-in-differences estimates. Financial liberalization is found to have a … of financial liberalization on measured productivity. Finally, the growth effects of liberalization appear temporary …

Persistent link: https://www.econbiz.de/10005791902

Financial Reform and Development in the Philippines, 1980-1997: Imperatives, Performance and Challenges

Llanto, Gilberto M.; Intal, Ponciano Jr. S. - Philippine Institute for Development Studies (PIDS), … - 1998

The recent currency and financial turmoil in East Asia have led to the evaluation of current financial and macroeconomic policies. The Philippines, which has been the worst hit in the 1980 economic crisis has indicated greater resilience in the 1990 financial crisis. Experts have attributed this...

Persistent link: https://www.econbiz.de/10005490071

Does Financial Reform Raise or Reduce Savings?

Bandiera, Oriana; Gerard Caprio Jr.; Honohan, Patrick; … - Department of Economics, Boston College - 1998

The effect of financial liberalization on private saving is theoretically ambiguous, not only because the link between … interest rate levels and saving is itself ambiguous, but also because financial liberalization is a multi-dimensional and … series index of financial liberalization for each of eight developing countries: Chile, Ghana, Indonesia, Korea, Malaysia …

Persistent link: https://www.econbiz.de/10004968844

Financial Reform and Development in the Philippines, 1980-1997: Imperatives, Performance and Challenges

Llanto, Gilberto M.; Intal, Ponciano Jr. S. - Philippine Institute for Development Studies (PIDS), … - 1998

This paper discusses financial reform and development in the Philippines during the past one and a half decades and the challenges facing the financial sector in the light of greater international financial integration. Issues on prudential regulation and how it can be improved and strengthened...

Persistent link: https://www.econbiz.de/10011184841

Financial Liberalization and the Exchange-Rate Exposure of the Taiwanese Firms: A Nonparametric Analysis of Taiwan

Guo, Jang-Ting; Wu, Rong-Chang - In: Multinational Finance Journal 2 (1998) 1, pp. 37-61

1979 and January 1995. The evidence indicates that financial liberalization that took place in July 1987 has introduced an …

Persistent link: https://www.econbiz.de/10010937138

Financial Reform and Development in the Philippines, 1980-1997: Imperatives, Performance and Challenges

Llanto, Gilberto M.; Intal, Ponciano Jr. S. - 1998

Persistent link: https://www.econbiz.de/10011935809

Financial Reform and Development in the Philippines, 1980-1997: Imperatives, Performance and Challenges

Llanto, Gilberto M.; Intal, Ponciano Jr. S. - Philippine Institute for Development Studies (PIDS), … - 1998

Persistent link: https://www.econbiz.de/10005092658

Financial Liberalization and Volatility in Emerging Market Economies

AGHION, Philippe; BACCHETTA, Philippe; BANERJEE, Abhijit - Départment d'économétrie et d'économie politique … - 1998

volatility only occurs at intermediate levels of financial development; second, that whilst full financial liberalization …

Persistent link: https://www.econbiz.de/10005292665

Japanese Financial Relationships in Transition

Kojima, Kenji - In: Kobe Economic & Business Review 42 (1998) February, pp. 55-96

Persistent link: https://www.econbiz.de/10010542244