Finance and inequality: channels and evidence
Article Abstract:
A framework for interpreting studies on financial development and inequality is presented. Studies show that poor access to funding and financial services reflect economic constraints. Inequality, on the other hand, affects the distribution of political influence, and financial regulation is easily captured by established interests. It is concluded that financial reforms will succeed if matched by a buildup in oversight institutions.
Publication Name: Journal of Comparative Economics
Subject: Economics
ISSN: 0147-5967
Year: 2007
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Banks and the world's major banking centers, 2000
Article Abstract:
The substantial changes in the evolution of financial centers and in the behavior of the international banks between 1990 and 2000 are examined. The changes presented show that the number of banks and the number of offices in other centers has fallen by over 20 % since 1990 and Tokyo has lost rank as a center while Honk Kong and Singapore have continued to gain importance.
Publication Name: Review of World Economics: Weltwirtschaftliches Archiv
Subject: Economics
ISSN: 1610-2878
Year: 2003
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An object-oriented framework for valuing shouts options on high-performance computer architectures
Article Abstract:
An object-oriented framework for valuing the contracts, which is capable of exploiting modern high-performance computer architectures, is presented. Complex version of these options are embedded in financial products, which offers various types of maturity guarantees such as segregated funds.
Publication Name: Journal of Economic Dynamics & Control
Subject: Economics
ISSN: 0165-1889
Year: 2003
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