Showing 1 - 10 of 18
Compared to the U.S., the euro area has been underperforming in the wake of the Great Financial Crisis (GFC). This holds especially true for peripheral euro area economies. Whereas the U.S. is characterised by a financial system dominated by arms' length (capital-market oriented) interaction...
Persistent link: https://www.econbiz.de/10012054629
Viele Entscheidungen des täglichen Lebens erfordern ökonomische Kenntnisse. Es gibt somit gute Gründe, das Wissen über Wirtschafts- und Finanzthemen zu stärken. In Deutschland gibt es bislang für ökonomische Bildung keine federführende Institution. Vielmehr engagieren sich neben dem...
Persistent link: https://www.econbiz.de/10014001310
There is a growing body of evidence that interest rate spreads in Africa are higher for big banks compared to small …
Persistent link: https://www.econbiz.de/10012602801
not been sufficiently studied in the literature, at least in developing economies like Africa. This study examines the …
Persistent link: https://www.econbiz.de/10012602864
four economic and monetary regions in Africa from 1980 to 2008. Banking and financial system efficiency proxies are used as …
Persistent link: https://www.econbiz.de/10012602838
This study provides a harmonization framework for common capital flight policies in Africa. It builds on evidence of …
Persistent link: https://www.econbiz.de/10012602850
investment is a clear warning signal, which calls for an active industry policy. Nowadays, industry policy implies, first and … efficient education and training system, an investment-friendly tax policy and a future-oriented environmental policy. …
Persistent link: https://www.econbiz.de/10011539522
The low interest rate environment is less due to monetary policy and more due to global trends in investment and … savings as well as a crisis-induced reduction in investment. Finishing the balance sheet recession can lead to a higher … interest rate level in the medium-run through higher investment. A higher natural real interest rate would enable central banks …
Persistent link: https://www.econbiz.de/10011739549
Background: Saving and investment are two of the most important tools for economic growth. The interest rate has always … been considered an important determinant of saving and investment. However, according to Islamic teachings, riba or earning … interest on saving or investment is forbidden, and thus, many Muslims try to avoid earning income from the interest rate …
Persistent link: https://www.econbiz.de/10011808216
This paper uses a large panel of Pakistani non-financial firms over the period 2000-2013 to examine the role of financial constraints in establishing the relationship between cash flow and external financing. The results reveal that there exists a negative and significant relationship between...
Persistent link: https://www.econbiz.de/10012602781