This paper investigates the non-linear effects of two aspects of economic openness, namely,
trade openness and financial openness, on banking system stability. We use a panel of 42 …

This paper investigates the role of institutional development on the relationship between
financial openness and bank risk-taking behavior. In particular, we investigate how …

A sound financial structure is one of the imperative macroeconomic goals for developed and
developing ones, particularly for resource-abundant countries, which are more vulnerable …

This paper investigates firms' decisions regarding their debt and cash holdings based on
their access costs when the interest rate changes. We find that for most of the firms the two …

Abstract Economies worldwide are carrying out financial opening reforms to regain
economic momentum. However, current studies about the effect of financial opening on …

This study aims to assess what determines/improves the overall multidimensional nature of
the financial development index and its sub-indices. For this purpose, we use data over the …

Օnly ¼ of the RA Government debt is in the Armenian dram, which poses high FX risks for
debt sustainability. Improving the share of local currency debt in the public debt is a big …

Günümüz dünyasında ülkelerin ekonomileri, üretimleri ve dış ticaretteki konumları ile
açıklanabilir. İhracat rakamları ihtiyaçları karşılamak adına üretilen mal ve hizmetin tüketimi …

Özet Bu çalışmanın amacı, finansal özgürlük ile firmaların finansman kararları arasındaki
dinamikleri incelemektir. Örneklem olarak 1998-2017 yılları arasında 71 farklı ülkeden …