Financial development, financial liberalization and social capital
نویسندگان
چکیده
منابع مشابه
Effects of Trade and Financial Liberalization on Financial Development (Case Study: MENA Countries)
Financial sector is one of the most influential sectors in economic activities. Empirical and theoretical studies conducted in recent years have also confirmed the significant role of financial institutions in economic growth. Additionally, trade and financial liberalization policies have been particular concerned with strategic policies in developed and developing countries. According to dynam...
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The main objective of this paper is to review the theoretical issues and available empirical evidence on capital account liberalization. In addition to being of interest in its own right, capital account liberalizations is important to the debate on the New International Financial Architecture (NIFA) and to the post-Doha agenda at the World Trade Organization (WTO) in relation to foreign direct...
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Financial liberalization should reduce borrowing constraints and increase capital demand according to theory. If production functions exhibit capital-skill complementarity, liberalization should increase the aggregate demand for skilled labor relative to unskilled labor, increasing wage inequality in equilibrium. This paper studies the effects of financial liberalization on inequality through t...
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ژورنال
عنوان ژورنال: Applied Economics
سال: 2017
ISSN: 0003-6846,1466-4283
DOI: 10.1080/00036846.2017.1358446