Showing 1 - 10 of 126
The pre-eminence of trade and investment in the economic prosperity of developed and developing countries cannot be …. However, very little is known about the simultaneous effect of trade and investment on growth in SSA when institutional … control variables are introduced in the model. Therefore, this study examines the role of trade and investment in the growth …
Persistent link: https://www.econbiz.de/10012657524
Before the financial crisis securitization was commonly considered an efficient way of replacing illiquid assets with liquid securities (ABS), in which the risk was supposed to be adequately compensated by the tranching techniques. However, with the emergence of the crisis investors became more...
Persistent link: https://www.econbiz.de/10011551381
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
This study investigates whether the competence of central bank governors affects the stability of the financial system they are responsible for. Using publicly available information about central bank governors from 2000 to 2016 together with data on financial stability and the macroeconomy, the...
Persistent link: https://www.econbiz.de/10012664334
The U.S. financial markets faced an unprecedented rapid decline and recovery on May 6, 2010, known as the May 6 flash crash. Roughly one trillion $ market value in less than thirty minutes vanished with the biggest one-day point decline in the history of the DJIA at the time. Since the market...
Persistent link: https://www.econbiz.de/10014501766
The aim of this paper is to provide some preliminary evidence on relation between size, diversification and risk in commercial banks of Pakistan. Using a panel of Pakistani banks, we investigated whether bigger banks are better diversified than smaller banks. The results suggested that larger...
Persistent link: https://www.econbiz.de/10011938316
-Saharan Africa for the period 1986-2018. The study used panel threshold regression for the empirical analysis. The evidence from …
Persistent link: https://www.econbiz.de/10012664369
answering the question that "can China's FDI in sub-Saharan Africa (SSA) stimulate the sub-region's industrialization …?" Consequently, data used for this study were obtained from China Africa Research Initiative, the World Bank and the Energy … modify future agreement to promote or prioritize Chinese investment in sectors with positive linkages with the manufacturing …
Persistent link: https://www.econbiz.de/10014001466
Despite the growing number of empirical studies on foreign direct investment (FDI) and energy efficiency (EE) as they … FDI to foster inclusive green growth (IGG) in Africa. Also, little has been done to show the IGG gains from improving EE … and FDI in fostering IGG in Africa by using macrodata for 23 countries from 2000 to 2020. According to our findings, which …
Persistent link: https://www.econbiz.de/10013442765
formulate a model of financing. New Keynesian theory emphasizes that a firm's net worth influences investment decisions and … banks lending reaction to the net worth ratio is more elastic than investment reaction. When the steady state is the saddle …
Persistent link: https://www.econbiz.de/10011551998