WebA burgeoning literature finds that financial development exerts a first-order impact on long-run economic growth, which raises critical questions, such as why do some countries have well-developed growth-enhancing financial systems while others do not? The law and finance theory focuses on the role of legal institutions in explaining international … WebNov 12, 2015 · The question of debt-equity choice has so far been widely discussed in literature. The aim of the paper is to analyse the determinants of capital structure of Polish enterprises. We analysed factors that may impact the indebtedness. This analysis fills in the gap in worldwide studies with the case of a country representing the group of ...
The Fed - Finance and Growth: Theory and New Evidence
WebJul 25, 2024 · For a long time in the history of economic thought, financial development has been viewed as a pivotal force for fostering economic growth. 1 Lately, though, some people have suggested that too much financial development can lead to excessive economic volatility. Financial development is a broad concept that describes the … WebThe paper presents a new variable, which we call the cost of financial intermediation, through which the feedback between finance and growth operates. The theoretical part of the paper... cynthia kaylor syracuse ny
Stock markets, banks, and growth: Panel evidence - ScienceDirect
WebFeb 5, 2024 · Finance and Growth: Theory and New Evidence Paul Harrison, Oren Sussman, and Joseph Zeira Abstract: This paper describes a feedback effect between … WebDec 9, 2005 · The Handbooks in Economics series continues to provide the various branches of economics with handbooks which are definitive reference sources, suitable for use by professional researchers, advanced graduate students, or by those seeking a teaching supplement.The Handbook of Economic Growth, edited by Philippe Aghion … WebProfessor, University of California, Berkeley's Haas School of Business - Cited by 179,440 - finance - financial economics - economic growth - international economics - regulation ... Finance and growth: theory and evidence. R Levine. Handbook of economic growth 1, 865-934, 2005. 8667: 2005: Stock ... cynthia kay productions