Capital Markets Integration and Economic Growth
نویسندگان
چکیده
منابع مشابه
Capital markets integration, growth and income distribution
The paper considers a two-country model of overlapping generation heterogenous economies with intergenerational transfers carried out in the form of bequest and investment in human capital. We examine in competitive equilibrium the transitory and long-run e!ects of capital markets integration. First, we explore how the regime of public education a!ects the dynamics of the integrated economy. Se...
متن کاملHow the U.S. Capital Markets Volatility Interacts With Economic Growth
Empirical finance suggests that US capital markets’ volatility has a negative relationship with economic growth. As the main focus is on the equity market volatility dynamics and less on other equally important asset types, in this paper we examine the dynamics between US money markets, government debt, corporate debt and equities volatilities, and a real GDP growth proxy, between 1963 and 2009...
متن کاملCapital Flight and Economic Growth in Iran
Beginning in the mid-1980s, the phenomenon of capital flight from developing countries received considerable attention in the economics literature. Capital flight destroys the domestic macroeconomic environment and decreases transparency and accountability. It restricts financial resources when a country is looking for economic growth and development. The purpose of this article is to measure t...
متن کاملFinancial integration and emerging markets capital structure
0378-4266/$ see front matter 2010 Published by doi:10.1016/j.jbankfin.2010.10.017 ⇑ Corresponding author at: School of Business an Integration Studies, Trinity College Dublin, College G +353 1 8961522; fax: +353 1 6799503. E-mail addresses: [email protected] (B.M. Lucey), qzha This paper investigates the impact of country-level financial integration on corporate financing choices in emerging econom...
متن کاملCapital Accumulation and Economic Growth
Overview In this chapter we examine the relationship between increases in the capital stock and economic growth. We first discuss whether an economy can always grow if it increases only its capital stock. Under certain plausible assumptions, we show this is not possible, and that poorer countries should therefore grow faster than wealthy ones, whose economies will depend more on technological p...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Montenegrin Journal of Economics
سال: 2018
ISSN: 1800-5845,1800-6698
DOI: 10.14254/1800-5845/2018.14-3.2