Search Results - subject:"FINANCIAL LIBERALIZATION"

IMPACT OF REAL INTEREST RATES ON REAL OUTPUT GROWTH IN INDIA: A LONG-RUN ANALYSIS IN A LIBERALIZED FINANCIAL REGIME

MALLICK, HRUSHIKESH; AGARWAL, SHASHI - In: The Singapore Economic Review (SER) 52 (2007) 02, pp. 215-231

the explanations offered by the proponents of Financial Liberalization School. This incredible result may be attributed to …

Persistent link: https://www.econbiz.de/10005080708

Impact of Financial Liberalization on Welfare: Evidence from Nepal

SHRESTHA, Min B.; CHOWDHURY, Khorshed - In: Applied Econometrics and International Development 7 (2007) 1

This study aims at examining the impact of financial liberalization on welfare and presents the empirical evidence from … Nepal using ARDL modeling cointegration test method. The test results indicate that financial liberalization is positively … to the poor. From these results, it can be argued that the net impact of financial liberalization on welfare is ambiguous …

Persistent link: https://www.econbiz.de/10005063009

Are Financial Sector Policies Effective in Deeping the Malaysian Financial System

Ang, James B. - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2007

This paper provides an empirical assessment of the effects of financial sector policies on development of the financial system in Malaysia over the period 1959-2005. The technique of principal component analysis is used to construct a summary measure of interest rate policies in order to account...

Persistent link: https://www.econbiz.de/10005650497

Financial Liberalization and the Dynamics of Inflation, Nominal Exchange Rate, and Terms of Trade

Gupta, Rangan - In: Indian Economic Review 42 (2007) December, pp. 165-176

convertibility. The analysis shows that the effect of financial liberalization on rate of inflation and the movements of the nominal …

Persistent link: https://www.econbiz.de/10005168551

Turkish Currency Crisis of 2000-2001, Revisited

Ekinci, Nazim Kadri; Erturk, Korkut Alp - In: International Review of Applied Economics 21 (2007) 1, pp. 29-41

Turkey's exchange rate based stabilization programme had collapsed within just 11 months of its implementation in the midst of a liquidity crunch in November 2000 caused by a reversal in the capital inflow. The onset of the stabilization programme created ample opportunities for speculative...

Persistent link: https://www.econbiz.de/10005269189

Globalization, Financial Liberalization and the Behavior of the Long Run Money Demand in the Bangladesh Economy

Akhtaruzzaman, MD. - In: International Economic Journal 21 (2007) 3, pp. 465-490

significant, the financial liberalization has an important impact, reflected in the statistically significant role of domestic …

Persistent link: https://www.econbiz.de/10005283174

The Indonesian Financial System; Its Contribution to Economic Performance, and Key Policy Issues

Montogomery, Jonh D. - International Monetary Fund (IMF) - 1997

The structure of the financial system in Indonesia is examined through the analytical lens of the system’s contribution to the growth, stability, and efficiency of the Indonesian economy. The focus is on the banking system and securities markets, which are the primary mechanisms for mobilizing...

Persistent link: https://www.econbiz.de/10005826609

The Role of the Prudential Supervision and Financial Restructuring of Banks During Transition to Indirect Instruments of Monetary Control

International Monetary Fund (IMF); International … - 1996

This paper proposes a stylized sequencing of banking supervision and bank restructuring measures designed to complement and expedite the adoption of indirect instruments of monetary policy. Appropriate sequencing reflects both operational considerations and macroeconomic effects of structural...

Persistent link: https://www.econbiz.de/10005599244

Welfare Gain of Financial Liberalization

Townsend, Robert M; Ueda, Kenichi - Society for Economic Dynamics - SED - 2006

Financial liberalization is a controversial issue. One of the reasons is that many empirical studies report conflicting … financial liberalization. We compute the welfare gain of financial liberalization, by calibrating a canonical model of financial … deepening and growth with actual Thai data. We find a sizable gain of financial liberalization. We also identify some …

Persistent link: https://www.econbiz.de/10005069323

Financial liberalization and short-run housing price dynamics

Kapur, Basant - In: Economic Theory 29 (2006) 3, pp. 649-675

Persistent link: https://www.econbiz.de/10005753403