Results 61 to 70 of about 181,779 (285)
The Effect of Financial Liberalization and Capital Flows on Income Volatility in Asia-Pacific
Buletin Ekonomi Moneter dan Perbankan, 2018 This paper examines the effect of financial liberalization on income volatility focused on the direction of capital flows in the Asia-Pacific region. By using a dynamic panel model, this study investigates the effect of financial liberalization on income
Feriansyah Abdullah +2 more
doaj +1 more source
Impact of Financial Liberalization on Financial Depth in Iraq [PDF]
This paper examines the Mackinnon-Show hypothesis i.e. financial liberalization promotes financial depth in case of Iraq. Iraq launched a comprehensive program of economic and financial liberalization since 2003.
Ammar Hamad Khalaf
core
International Journal of Finance &Economics, EarlyView.ABSTRACT This study investigates how the personal characteristics of finance ministers influence political budget cycles in Africa. Using a new dataset covering 300 finance ministers across 23 countries from 1980 to 2020, we find that political budget cycles primarily take the form of increased government consumption during election years.
Christine Olivia Strong
wiley +1 more source
Financial liberalization in developing countries [PDF]
Studies in Comparative International Development, 1990 In the McKinnon and Shaw analysis, financial liberalization is defined to mean the establishment of higher interest rates that equate the demand for, and the supply of, savings. It expresses the views that higher interest rates will lead to increased savings and financial intermediation as well as to improvements in the efficiency of using savings ...
openaire +2 more sources
Volatile capital flows: Interactions between de jure and de facto financial liberalization [PDF]
Utilizing a panel data set for 13 developed economies, this paper examines the volatility of capital flows following the liberalization of financial markets.
Rebecca Neumann, Ron Penl
core
Do Internet‐Driven Trade Shocks Moderate the Exchange Rate Pass‐Through to Inflation?
International Journal of Finance &Economics, EarlyView.ABSTRACT This study examines the existence of an internet globalisation intensifying impact on the size of the exchange rate pass‐through (ERPT) to inflation, which conditions the response of central banks' policy rates. Expanding on the traditional determinants of ERPT, we incorporate technology‐induced trade shocks linked to internet adoption to ...
Joanna Darwiche, Nicole Ballouz Baker
wiley +1 more source
The Degree of Financial Liberalization and Aggregated Stock-return Volatility in Emerging Markets [PDF]
In this study, we address whether the degree of financial liberalization affects the aggregated total volatility of stock returns by considering the time-varying nature of financial liberalization.
Akdeniz, L., Salih, A.A., Umutlu, M.
core +1 more source
International Journal of Finance &Economics, EarlyView.ABSTRACT This paper examines the impact of trade liberalisation on income inequality across 24 Sub‐Saharan African (SSA) countries from 2000 to 2020. Using IV‐Tobit and 2SLS models, we consistently find that greater trade openness significantly exacerbates inequality in the region. Critically, we document an inverted U‐shaped relationship between trade
Guivis Zeufack Nkemgha +2 more
wiley +1 more source
Indonesia's Financial Liberalization [PDF]
, 1995 Using 1981–99 panel data on Indonesian manufacturing establishments and a survey of 2000 top business in Indonesia, Indonesia's Financial Liberalization analyses the consequences of financial liberalization on investment and allocation of credit, noting differential effects depending on size of firms, organizational form, and other categorizations ...
openaire +1 more source
Soft Power in Trade: Quantifying the Impact of Confucius Institutes on China's Exports
International Studies of Economics, EarlyView.ABSTRACT This paper investigates the role of Confucius Institutes (CIs) as a form of China's cultural diplomacy and their impact on international trade, particularly exports. Using a gravity model, we analyze data from 1990 to 2019 across countries, finding that the presence of CIs significantly boosts China's exports.
Renjing Chen, Wei Jin, Tangrui Yang
wiley +1 more source