legal institutions and financial development beck levine
CAPITAL ACCOUNT LIBERALIZATION, INSTITUTIONS AND FINANCIAL DEVELOPMENT: CROSS COUNTRY EVIDENCE
... coefficients for the financial openness variable, the level term for legal/ institutional development (LEGAL) , and the interaction term between financial openness and legal/ institutional development. ... relationship between financial openness and financial development. Our first key finding is that if one measures the level of financial development in terms of private credit creation and stock market ... financial development variable, KALIB is the capital account liberalization variable, and X is a set of control variables, including regional and time dummies. Their measures of financial development...
Ngày tải lên: 25/10/2013, 10:15
Tài liệu Chapter 4: Assessing Financial Structure and Financial Development ppt
... institutional approach, see Beck and Levine (2002) and Levine (1997). 3. Beck, Demirgüç-Kunt, and Levine (2000) provide a set of benchmark indicators for different parts of the financial system. Research ... growth and lower poverty (e.g., see Beck, Levine, and Loayza 2000, Honohan 2004a, and World Bank 2001a). Moreover, in all levels of development, continued efficient and effective provision of financial ... banking, and branching restrictions. 73 Chapter 4: Assessing Financial Structure and Financial Development 1 I H G F E D C B A 12 11 10 9 8 7 6 5 4 3 2 development dimension. Notwithstanding the...
Ngày tải lên: 17/12/2013, 05:15
Human Capital and the Development of Financial Institutions: Evidence from Thailand docx
... Capital and the Development of Financial Institutions: Evidence from Thailand Anna Paulson * Federal Reserve Bank of Chicago December 2002 Abstract Village banks and other financial institutions ... the financial contracts offered by village banks and the education of the people who run the financial institution and the institution’s customers using data on village financial institutions and ... allows 2 1. Introduction Education and financial development have been identified as key engines of economic growth (see Barro (1991), Mankiw, Romer and Weil (1992) and King and Levine (1993), for example)...
Ngày tải lên: 06/03/2014, 10:20
The Case of the Missing Market: The Bond Market and Why It Matters for Financial Development
... appropriate legal framework, strong accounting and disclosure standards, and efficient and reliable clearing and settlement arrangements. It is also useful to have a community of bond analysts and ratings agencies ... sharing, and pricing risks. An efficient financial sector reduces the cost and risk of producing and trading goods and services, and thus makes an important contribution to raising standards of ... Goldsmith (1965) and the insights of Shaw (1973) and McKinnon (1973), the more recent work exams the role of financial institutions and financial markets in corporate governance and the consequent...
Ngày tải lên: 24/10/2012, 09:40
Tài liệu Transformation through Integration An Activity Theoretical Analysis of School Development as Integration of Child Care Institutions and the Elementary School ppt
... allowances and school meals 1 1 Introduction Does integration of school and child care institutions possess a potential for transformation of the pedagogy 1 in school and how might the vision and ... capacity and achievements. 18 Who is teaching and who is learning? Who is already filled with knowledge and who is to be filled? Who knows and who has to learn? Who instructs and who executes? ... transmission of basic skills and knowledge remains the main mission. However, and as the account shows, the development of the school has been ambiguous and filled with tensions and conflict of interest....
Ngày tải lên: 16/01/2014, 16:33
Tài liệu Financial Development and Industrial Capital Accumulation pdf
... better financial infrastructure rated according to accounting standards used, types of legal system, and judicial system efficiency. Rajan and Zingales also find that financial infrastructural development ... bank relationships and reduce the costs of financial transactions (e.g., information disclosure and accounting rules, legal and institutional arrangements for contract enforcement and investor protection, ... rent-extraction from borrowers, and leads agents to adopt more rewarding risk-sharing financial institutions and instruments. Asset utility In the model of this study, money and financial assets act as...
Ngày tải lên: 27/01/2014, 11:20
Towards Inclusive Financial Development for Achieving the MDGs in Asia and the Pacific pptx
Ngày tải lên: 06/03/2014, 19:20
CENTRAL BANKING, FINANCIAL INSTITUTIONS AND CREDIT CREATION IN DEVELOPING COUNTRIES ppt
Ngày tải lên: 22/03/2014, 20:20
BANK OF GHANA - NOTICE TO BANKS, NON-BANK FINANCIAL INSTITUTIONS AND THE GENERAL PUBLIC pdf
Ngày tải lên: 29/03/2014, 09:20
Banking and financial terms
... Corporate financial planning Financial planning conducted by a firm that encompasses preparation of both long- and short-term financial plans. Corporate financial management The application of financial ... long-term debt and common equity - and the respective capitalization ratios. Capitalization ratios Also called financial levera ge ratios, these ratios compare debt to total capitalization and thus ... corporate statements including annual and quarterly reports and the 10-Ks and 10-Qs. Difference from S&P A mutual fund's return minus the change in the Standard & Poors 500 Index for...
Ngày tải lên: 23/10/2012, 11:49
Báo cáo y học: "A prospective observational study of the relationship of critical illness associated hyperglycaemia in medical ICU patients and subsequent development of type 2 diabetes"
... sepsis and septic shock); ii) acute coronary syndrome (myocardial infarction and unstable angina); and iii) all other admis- sion diagnoses. This division was made due to the fact that sepsis and ... severe sepsis and septic shock b ACS, acute coronary syndrome (unstable angina and myocardial infarction Figure 2 Cumulative incidence of diabetes in patients with hy- perglycaemia and normoglycaemia ... to 113) P = 0.541 a includes severe sepsis and septic shock b ACS, acute coronary syndrome (unstable angina and myocardial infarction) c Medians and ranges of all measured blood glucose levels...
Ngày tải lên: 25/10/2012, 10:02
Accounting and financial test
... a. Inflation, uncertainty, and opportunity costs. b. Relevancy, stability, and consistency. c. Project returns, costs, and timing. d. Project options, positions, and variables. 16. Which of ... borrowing against accounts receivable are: a. Factoring and Assignment b. Trust Receipts and Blanket Liens c. Leasing and Buy Backs d. Warranties and Options 23. In order to arrange financing against ... Precautionary Amount d. Speculative Amount + Financial Amount 20. Assume the following: Beginning Cash on Hand is $ 4,000, projected cash inflows are $ 28,000 and projected cash outflows are $ 39,000....
Ngày tải lên: 01/11/2012, 11:30
Accounting and financial test
... borrowing against accounts receivable are: e. Factoring and Assignment f. Trust Receipts and Blanket Liens g. Leasing and Buy Backs h. Warranties and Options 23. In order to arrange financing against ... a merger and acquisition. Synergy values can take three forms. Generally speaking, the most significant and common form of synergy is: i. Higher Cost of Capital j. Lower Expenses and Cost k. ... customers, Ajax and Miller. Ajax owes you $ 10,000 and Miller owes you $ 20,000 for the current month. Collection probabilities show that Ajax pays 70% of the time in the current month and 30% of...
Ngày tải lên: 01/11/2012, 11:30