Tags : Financial Policy

About 8 results
Political Volatility and Capital Markets: Evidence from Transition
This paper looks at the effects of political volatility in transition economies to ascertain how nascent political institutions affect fledgling capital markets. Asymmetric (GJR) GARCH modeling of monthly data was taken for 21 transition economies on financial volatility, political volatility, and monetary policy to ...
https://iems.ust.hk/publications/iems-working-papers/hartwell-political-volatility-and-capital-markets-evidence-from-transition
How Does Foreign Bank Entry Affect Financial Inclusion in Emerging and Developing Economies?
An important dimension of the effects of foreign bank entry on financial sector development relates to that of financial inclusion. Despite its policy significance, the empirical literature offers little evidence on the impact of bank competition generally or foreign bank entry specifically on financial inclusion. ...
https://iems.ust.hk/publications/iems-working-papers/gopalan-foreign-bank-entry-affect-financial
A Model of China’s State Capitalism
Despite consistently lower productivity, China’s state-owned enterprises (SOEs) exhibited higher profitability than non-SOEs after 2001 while the opposite was true in the 1990s, even with markets becoming increasingly liberalized and GDP growth remaining high throughout the whole period. To address this growth ...
https://iems.ust.hk/publications/iems-working-papers/a-model-of-chinas-state-capitalism
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