• No se han encontrado resultados

Stock markets, banks and economic growth in a context of common shocks and cross country dependencies

N/A
N/A
Protected

Academic year: 2020

Share "Stock markets, banks and economic growth in a context of common shocks and cross country dependencies"

Copied!
46
0
0

Texto completo

Loading

Figure

Fig.  1  shows  the  evolution  of  the  average  ratio  of  bank  credit  to  GDP,  and its correlation with average GDP growth (both in percentage) for the  full sample and for the subsamples of advanced and emerging countries
Fig.  1.  The  upper  left  chart  presents  the  average  private  credit  by  banks  as  a  share  of  GDP  (in  percentages),  for  the  time  period  between  1961  and  2014,  the  sample  of  all  countries,  and  the  subsamples  of  advanced  and
Fig. 2. The upper left chart presents the average market capitalization of listed companies  as  a  share  of  GDP  (in  percentages),  for  the  time  period  between  1988  and  2012,  the  sample  of  all  countries,  and  the  subsamples  of  advanced
Fig. 3. It presents histograms of the log of the ratio of private credit by banks to GDP, and  overlays  fractional  polynomial  lines  (with  a  95%  confidence  interval)  for  GDP  growth  against the log of the ratio of private credit by banks to GDP
+3

Referencias

Documento similar

In this guide for teachers and education staff we unpack the concept of loneliness; what it is, the different types of loneliness, and explore some ways to support ourselves

That is, is the average number of common altered probes between two arrays of group k, and is the aver- age number of common altered probes between one array of group k and other

How can be these alternative uses of entrepreneurial capacity –and their different conse- quences in terms of economic growth- be integrated in a single model without assuming

In vivo ROS detection in intact plant cells and tissues is therefore becoming more and more common, driven mainly by the development of novel small molecules and ROS

Paper preparat per a la National Bureau of Economic Research Conference sobre “Economic and Financial Crisis in Emerging Market Economies” celebrada a la ciutat de Woodstock els

The common policy in the field of science and technology can only be of practical use if there is efficient management of results of research and development. For

In the context of Dynamic Factor Models (DFM), we compare point and interval estimates of the underlying unobserved factors extracted using small and big-data procedures..

To put Theorem 2.1 into perspective, recall that there exist analogous structure results for cohomogeneity one actions on closed smooth manifolds, on closed topological manifolds and