the role of capital market in economic growth

... influence. Ignoring these nonschool factors introduces another element of measurement error into the growth analyses in the same way as it did in the analysis of individual earnings. From the mid-1960s ... progress, rather than shifting the level of the production function or increasing the impact of an additional year of schooling. In sum, the existing evidence suggests that the quality of education, ... to the value of schooling focuses on the economic returns to differing levels of school attainment for individuals. This work, following the innovative analyses of human capital by Jacob Mincer...

Ngày tải lên: 08/03/2014, 08:20

Ngày tải lên: 17/03/2014, 07:20

Ngày tải lên: 30/03/2014, 12:20

Ngày tải lên: 03/06/2014, 02:15

... buying inflows to reduce the NOFP. Nonetheless, in certain cases involving large one-off inflows of FDI, the SARB may have sufficient prior information to make an assessment as to whether the ... two-thirds since the currency crisis of 1998. Nevertheless, the NOFP and other indicators of international reserve adequacy remain a source of concern for investors that is reflected in South ... offering improved rates of return. This could be done either by forcing a step exchange rate depreciation (and thereby generating the expectation of a strengthening of the rand) or by raising...

Ngày tải lên: 24/10/2012, 09:11

Ngày tải lên: 08/10/2013, 15:56

... source of financing for enterprises, if their own capital is excluded. In summary, the deepening process of the financial markets has rendered the dominance of the banking sector in the financial ... under the framework of financial globalization. II. Review of Institution Building in the Financial Sector A. Main driving forces of institution building A review of the developments of China’s financial ... maintain macroeconomic stability and promote economic growth. 1 Globalization: the Role of Institution Building in the Financial Sector The Case Study of China August, 2003 I. Introduction Financial...

Ngày tải lên: 18/10/2013, 07:15

... ( 39 ). The renewed interest in examining the indications for BCG vaccination in the United States included consideration of the wide range of vaccine efficacies deter- mined by clinical trials ... to explore the sources of the heterogeneity in the efficacy of the BCG vaccine reported in the individual studies. Using a model that included the geographic latitude of the study site and the data ... <5 mm induration after skin testing with 5 TU of PPD tuberculin. The Tice strain of BCG is administered percutaneously; 0.3 mL of the reconstituted vaccine is usually placed on the skin in the lower...

Ngày tải lên: 15/02/2014, 13:20

... Gregory F. Udell. 1998. The Economics of Small Business Finance: The Roles of Private Equity and Debt Markets in the Financial Growth Cycle,” Journal of Banking and Finance, August, pp. 657-59. Carter, ... an important role in the financial system of the U.S. economy. They complement the role of large banks by special- izing in relationship banking and providing credit to small businesses—a sector ... “Small Business Lending and the Changing Structure of the Banking Industry,” Journal of Banking and Finance, August. Sullivan, Richard J. 2000. “How Has the Adoption of Internet Banking Affected Performance...

Ngày tải lên: 16/02/2014, 11:20

... detected at the dimer interface of the models or in the surroundings of the mutated residues. The models of RNase A covalent dimers in the exchanging conformation were prepared using the 7RSA structure ... at the dimer interface of the models or in the surroundings of the hinge loop residues. Likewise, the models of nonex- changing and exchanging HHP-RNase were prepared start- ing from 1Z7X. The ... through the exchange between subunits of either their N-ter- minal, or their C-terminal ends [33–35]. We found that the behavior with the model membrane of the dimer in which the C-terminal ends...

Ngày tải lên: 19/02/2014, 06:20

... N-linked oligosaccharide side-chains are important for the GABA transport activity. 1-Deoxymannojirimycin inhibits the GABA-uptake of GAT1 In order to gain further insight into the role of the terminal ... results in reduction of the stability of GAT1 In order to study the in uence of the N-glycosylation and N-linked oligosaccharides on protein stability, the intracellular decay time of the GAT1, ... for the stability of this protein, but the terminal structure of the N-glycans is not. Defective N-glycosylation reduces the trafficking of GAT1 to the plasma membrane In order to study the in uence...

Ngày tải lên: 19/02/2014, 17:20

... rating indicating a greater degree of economic freedom. The minimum value in the sample is 2.3 in Nicaragua in 1985, the maximum value 9.08 in Honk Kong in1 995 and a mean of 6.06. Moreover, the ... cost savings and increases economic growth. The last variable in the table is the population variable, where the sign on the coefficient is negative. This is not surprising either, since India ... on the other year dummies turn out as anticipated. The coefficient on 1955 is neither significant in the OLS nor in the RE. With increasing years, the coefficients on the year dummies gain in...

Ngày tải lên: 20/02/2014, 16:20

... disambiguated word meaning. It is the in interaction of the results of these asynchronous processes that the process of comprehension is defined. The processes are independent of the know- ledge ... affected. The study includes off-line picture naming which forces use of articles in all of the above contexts, as well as on-line production of these morphemes in an attempt to determine in which ... HOPE, the determination of the phonetic representation of a recognized word determines the breadth of active competition amon 9 meanings for subsequent time intervals of the process. Depending...

Ngày tải lên: 21/02/2014, 20:20

... most of them and access-to-input for the worst in this sub-pool. Conversely, the overbearing influence of the financial constraints in the lower half is statistically associated with a rather ... expected-debt. The probability of increasing debt raises with the fact that the enterprise was indebted in the past (in all the groups). Nodebt thus appears as a strong inertial component in the credit-demand ... decreasing for 53% of the sample, it has been increasing for 36%, and has been stable for the remaining 11%. An increase in indebtedness (of 80% in average) is associated with a 14% decrease in production,...

Ngày tải lên: 06/03/2014, 08:20

... microfinance stands unrivalled in scale, and outreach continues to grow in terms of the number of microborrowers. Institutions providing microfinance in Asia play a critical role in increasing the ... for the same year. In terms of growth, the survey revealed annual growth rates of 35% in terms of the number of clients and 46% in terms of the size of the portfolio. This confirms that the Latin ... for the same year. In terms of growth, the survey revealed annual growth rates of 35% in terms of the number of clients and 46% in terms of the size of the portfolio. This confirms that the Latin...

Ngày tải lên: 06/03/2014, 10:20

... the meaning of the image or the image projects the meaning of the music), then the multimedia example has passed the similarity test and the relationship exhibited is one of conformance. In ... music), taking into account the director’s – and, therefore, the composer’s – intentions, the narrative content of the film, and the overall strategy of the director in constructing the multifaceted ... other-worldly. In this capacity, the role of music is significantly enhanced by the level of ambiguity inherent in the visual scene. Specifically, the more ambiguous the meaning of the visual image, the...

Ngày tải lên: 07/03/2014, 14:20

... However, the mechanistic roles of several of these residues are not described well and there is no example of mutational analysis of all of these residues in the same enzyme. To obtain an insight into ... by the surrounding residues. The results so far indicate that larger parts of the polar core of the catalytic TIM barrel of family 18 chitinases play a role during catalysis. It will thus be interesting ... conformations. The Asp142 equiv- alent in the family 18 chitinase from Coccidioides immitis was found to be in the ÔdownÕ position in the apoenzyme and in the ÔupÕ position in the complex with allosamidin...

Ngày tải lên: 07/03/2014, 14:20

... properties of the document containing the sentence and properties of the sentence itself. Regarding the former type, two features come into play: the relevance score of the document (from the IR engine) ... Surprisingly, adding 1 Since the count variant of POURPRE achieved the highest correlation with of cial rankings, the nugget score is simply the highest fraction in terms of word overlap between the ... acquiring nuclear weapons?”, which are the focus of the AQUAINT program in the U.S., and opinion questions such as “How does the Chilean government view attempts at having Pinochet tried in Spanish...

Ngày tải lên: 08/03/2014, 02:21

... trees. The largest plant height was obtained using linings of stone and marble. During the first year of the study, when the lining served only as mulch due to lack of rainfall, an increase of ... to improve the HI of wheat, 9 The harvest index is defined as the ratio of grain to total crop biomass” (Cassman 1999). The Role of Rainfed Agriculture in the Future of Global Food Production ... Considerations of risk may be very important in the initial decision of whether to adopt rainwater harvesting at an individual farm level. Especially due to the low economic status of many of the farmers...

Ngày tải lên: 09/03/2014, 00:20

Ngày tải lên: 15/03/2014, 10:20