Are small stock markets different?

Article Abstract:

The difference of partial correlation between growth and financial development in response to a country's economic and financial growth is investigated. The stock market development and economic growth is found to be different in countries with smaller stock markets.

Financial markets, Stock markets, Stock market

---

Existence and uniqueness of equilibrium in nonoptimal unbounded infinite horizon economies

Article Abstract:

Nonoptimal infinite horizon economies are studied where the state-space is unbounded. The existence and uniqueness of Markovian equilibrium for the compact state space case are well known but no similar sufficient conditions exist for unbounded growth.

Analysis, Equilibrium (Economics)

---

Similar abstracts:

• Abstracts: A content analysis of codes of ethics from fifty-seven national accounting organisations. An analysis of the ethical environment of the international accounting profession
• Abstracts: Sunspots and the business cycle in a finance constrained economy. General equilibrium when economic growth exceeds discounting
• Abstracts: A role of government in human-capital building and education? Perspectives for a research program in institutional economics
• Abstracts: Internal capital markets and investment policy: evidence from corporate spinoffs. The choice among bank debt, non-bank private debt, and public debt: evidence from new corporate borrowings
• Abstracts: The maturity of debt issues and predictable variation in bond returns. Appearing and disappearing dividends: the link to catering incentives

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.