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The study analyses the role of institutional characteristics of a country (governance) and the domestic financial system (depth, efficiency, stability, and capital openness) in determinants of emerging market corporate bond spreads issued in international market. We propose an econometric panel...
Persistent link: https://www.econbiz.de/10011372248
The study analyses the role of institutional characteristics of a country (governance) and the domestic financial system (depth, efficiency, stability, and capital openness) in determinants of emerging market corporate bond spreads issued in international market. We propose an econometric panel...
Persistent link: https://www.econbiz.de/10010406074
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Besides the introduction and the final conclusions, this Discussion Paper has four sections. The first presents the "state of art", that is, the current debate about the long-term financing of the neo-corporatist state capitalism in Brazil. Then it shows the personal and corporate wealth as...
Persistent link: https://www.econbiz.de/10011372255
The relationship between finance and innovation is key for economic development. Both classical economists and economic … relationship between finance and innovation in a cross-country comparison. This comparison uses three sets of data for 187 … divide these 86 countries in three subsets, suggesting reciprocal effects between finance and innovation. …
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