Download or read book Three Essays on Finance and Economic Development written by Chase Parker DeHan and published by . This book was released on 2013 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Financial Development and Economic Growth written by Claudia Chilundo and published by . This book was released on 2020 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays in Corporate Finance and Economic Development written by Seyed Mohammad Mansouri and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: I show that repair and maintenance cost is large relative to investment, persistent, and could substitute investment in some circumstances. Empirically I find that the repair and maintenance cost relative to the stock of capital is substantially higher for small and financially constrained firms. I claim that cheap upfront repair and maintenance activity makes it attractive to financially constrained firms. A stylized model of financially constrained firms with endogenous choice of maintenance vs. investment rationalizes the empirical findings. Overall, this paper introduces firm-level maintenance cost data to the literature, investigates its relation to investment, and documents several empirical properties of repair and maintenance costs.
Download or read book Three Essays on Capital Flows Financial Development and Economic Growth in Less Developed Countries written by Heinz P. Rudolph and published by . This book was released on 1995 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Economic Development and International Economics written by Abdulrhman Mohmmad Alamoudi and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Monetary Policy and Financial Development written by Xiaodai Xin and published by . This book was released on 2004 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Abstract: Both economic growth and stabilization require a well-functioning financial system, which includes the central bank and private financial institutions. This dissertation is comprised of three essays on monetary policy and financial development which are related to the roles of the central bank and private financial institutions. To better stabilize the economy, a central bank needs to formulate an optimal strategy for monetary policy and pursues an appropriate objective (targeting regime). In a forward-looking New Keynesian model with persistent output and inflation, the first essay (chapter 2) evaluates a broad hybrid targeting regime when the central bank operates under discretionary monetary policy. By employing the numerical analysis and comparing the performance of different targeting regimes, I find that the hybrid targeting regime yields a social loss closest to that under the optimal committed policy, generating a better outcome than other policy regimes. The second essay (chapter 3) provides new micro-level evidence for the positive relationship between financial development and economic growth based on a large sample of cross-country firm-level data. By examining an important micro channel through which financial development reduces the costs of external finance to firms, I find that firms that are more externally dependent grow faster in countries with more developed financial systems. The third essay (chapter 4) investigates the impact of external debt on long-term investment and its interaction with domestic financial intermediation in emerging markets. Extending the Ramsey-Cass-Koopmans model to a small open economy with the role of financial intermediation, I find that the overall effect of a high level of external debt on investment depends heavily on the degree of domestic financial intermediation. Using a large sample of panel data on 76 developing countries over the last three decades, the empirical results indicate that when a country's domestic banking sector develops to a certain degree, the high level of external debt facilitates investment.
Download or read book Three Essays on Financial Activity Growth and Inequality written by Jinyoung Hwang and published by . This book was released on 2001 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Finance Agricultural Aid and Development written by James Squires (Ph.D.) and published by . This book was released on 2016 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work investigates several roles that financial development and agricultural aid have on economic development. In the first essay, I find that development of two of the major components of the financial sector--the banking sector and market sector--have a positive effect on incomes of the poor. In the second essay, I find a beneficial link between agricultural aid and agricultural productivity in that stable agricultural aid increases the Sharpe ratio for agricultural productivity. The third essay shows an agricultural productivity convergence across 140 countries. I do not find any evidence that agricultural aid has a supportive role in this convergence across countries.
Download or read book The Theory of Money and Financial Institutions written by Martin Shubik and published by MIT Press. This book was released on 1999 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first volume in a three-volume exposition of Shubik's vision of "mathematical institutional economics" explores a one-period approach to economic exchange with money, debt, and bankruptcy. This is the first volume in a three-volume exposition of Martin Shubik's vision of "mathematical institutional economics"--a term he coined in 1959 to describe the theoretical underpinnings needed for the construction of an economic dynamics. The goal is to develop a process-oriented theory of money and financial institutions that reconciles micro- and macroeconomics, using as a prime tool the theory of games in strategic and extensive form. The approach involves a search for minimal financial institutions that appear as a logical, technological, and institutional necessity, as part of the "rules of the game." Money and financial institutions are assumed to be the basic elements of the network that transmits the sociopolitical imperatives to the economy. Volume 1 deals with a one-period approach to economic exchange with money, debt, and bankruptcy. Volume 2 explores the new economic features that arise when we consider multi-period finite and infinite horizon economies. Volume 3 will consider the specific role of financial institutions and government, and formulate the economic financial control problem linking micro- and macroeconomics.
Download or read book Household Savings Relationship Banking and Urbanization written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: X, 82 leaves : ill. ; 30 cm.
Download or read book Three Essays in the Economics of Finance and Organization written by Chester Steven Spatt and published by . This book was released on 1979 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays in Finance Economics written by Chuanliang Jiang and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays on Financial Innovation written by Peter Tufano and published by . This book was released on 1993 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays in Finance and Economics written by Philip Schnorpfeil and published by . This book was released on 2021* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays in Finance and Development written by Sanket Mohapatra and published by . This book was released on 2006 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays in Financial Economics written by Gabriele Lattanzio and published by . This book was released on 2019 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Three Essays in Financial Economics written by Jose Vicente Martinez and published by . This book was released on 2006 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:
