Banking industry volatility and economic growth
➤ Gửi thông báo lỗi ⚠️ Báo cáo tài liệu vi phạmNội dung chi tiết: Banking industry volatility and economic growth
Banking industry volatility and economic growth
UNIVERSITY OF ECONOMICS ERAMUS UNIVERSITY ROTTERDAMHO CHI MINH CITYINSTITUTE OF SOCIAL STUDIESVIETNAMTHE NETHERLANDSVIETNAM - NETHERLANDSPROGRAMME FOR Banking industry volatility and economic growth R M.A IN DEVELOPMENT ECONOMICSBANKING INDUSTRY VOLATILITYAND ECONOMIC GROWTHA thesis submitted in Partial Fulfillment of the Requirements for the Degree of MASTER OF ARTS IN DEVELOPMENT ECONOMICSByTRAN QLJOC THANHAcademic Supervisor:Assoc. Prof. Dr. VO XUAN VINHHO CHI MINH CITY, December 2015CERTIFI Banking industry volatility and economic growth CATIONThis is to certify that this thesis entitled “BANKING INDUSTRY VOLATILITY AND ECONOMIC GROWTH ”, which is submitted by me in fulfillment of theBanking industry volatility and economic growth
requirements for the degree of Master of Art in Development Economic to the Vietnam - The Netherlands Programme. The thesis constitutes only my originUNIVERSITY OF ECONOMICS ERAMUS UNIVERSITY ROTTERDAMHO CHI MINH CITYINSTITUTE OF SOCIAL STUDIESVIETNAMTHE NETHERLANDSVIETNAM - NETHERLANDSPROGRAMME FOR Banking industry volatility and economic growth ld never have been able to finish my dissertation without the help and support of people surrounding me.First and foremost, I would like to express my gratitude to my mentors Assoc. Prof. Dr. Võ Xuân Vinh for the continuous support of my M.A. study and research: for their patience, encouragement, er Banking industry volatility and economic growth udite knowledge. Their excellent guidance encouraged me in all the time of doing this study. I have been strikingly lucky to have supervisors who careBanking industry volatility and economic growth
d so much my thesis, and answered to all my questions and queries punctually. I could not have imagined having better supervisors and advisors for my UNIVERSITY OF ECONOMICS ERAMUS UNIVERSITY ROTTERDAMHO CHI MINH CITYINSTITUTE OF SOCIAL STUDIESVIETNAMTHE NETHERLANDSVIETNAM - NETHERLANDSPROGRAMME FOR Banking industry volatility and economic growth and worthy ideas that help to enhance my thesis’s value.My sincere thanks also goes to all the lecturers at the Vietnam - Netherlands Program for their knowledge of all the courses, during the time I studied at the program. I would like to offer my special thanks to lecturers in Data Center in Unive Banking industry volatility and economic growth rsity of Economic and Law, Dr. Lê Văn Chon, Dr. Trương Đăng Thuy. lecturer Hoàng Trọng, who help me significantly in the courses and thesis writing prBanking industry volatility and economic growth
ocesses. In addition, I would like to express my great appreciation to my friends for their motivations.Last but not the least; I owe a very importantUNIVERSITY OF ECONOMICS ERAMUS UNIVERSITY ROTTERDAMHO CHI MINH CITYINSTITUTE OF SOCIAL STUDIESVIETNAMTHE NETHERLANDSVIETNAM - NETHERLANDSPROGRAMME FOR Banking industry volatility and economic growth There is growing evidence from multi- studies indicating that there are lots of determinants advocate to economic growth. However, very few research papers contribute to banking sector, vital field of modern economy. It is unclear whether it is appropriate to assume an identical turning point in the Banking industry volatility and economic growth banking industry volatility and growth relation divided into across income criteria and geographical region criteria. In this research, we keep invesBanking industry volatility and economic growth
tigating the relationship between banking volatility and economic growth in detail ways after examining carefully the studies of Moshirian & Wu, (2012UNIVERSITY OF ECONOMICS ERAMUS UNIVERSITY ROTTERDAMHO CHI MINH CITYINSTITUTE OF SOCIAL STUDIESVIETNAMTHE NETHERLANDSVIETNAM - NETHERLANDSPROGRAMME FOR Banking industry volatility and economic growth ncome economies, 11 low income and lower middle income economies. 8 Sub-Saharan Africa economies, 6 South Asia and East Asia economies, 5 Latin America economies, by using dynamic panel techniques to analyze panel data.Particularly, we pay more attention on the way country characteristics, such as t Banking industry volatility and economic growth he effect of low and high inflation. Worldwide Governance Indicators (WGI) from the updated database of Kaufmann (2013) and financial development charBanking industry volatility and economic growth
acteristics influence the relationship between bank volatility and economic growth. The quarterly panel dataset, which is available and easy approach UNIVERSITY OF ECONOMICS ERAMUS UNIVERSITY ROTTERDAMHO CHI MINH CITYINSTITUTE OF SOCIAL STUDIESVIETNAMTHE NETHERLANDSVIETNAM - NETHERLANDSPROGRAMME FOR Banking industry volatility and economic growth here is relationship of banking industry volatility and economic growth in all 22 economies, and in five subsamples divided into income criteria and geographical region criteria, even in the presence of market excess returns, and the relationship between banking volatility and economic growth is aff Banking industry volatility and economic growth ected by the country characteristics and financial development when the interaction terms have statistical significant. Except for Voice and AccountabBanking industry volatility and economic growth
ility having no effect. Some research papers of Fama (1981, 1990) and Schwert (1990) have proved that the effect of the uncertainty of banking industrUNIVERSITY OF ECONOMICS ERAMUS UNIVERSITY ROTTERDAMHO CHI MINH CITYINSTITUTE OF SOCIAL STUDIESVIETNAMTHE NETHERLANDSVIETNAM - NETHERLANDSPROGRAMME FOR Banking industry volatility and economic growth for the relationship between the stock returns of bank and economic growth.Key words: banking volatility, difference GMM, system GMM, country characteristics, financial development characteristics, effect of inflation.TABLE OF CONTENTSCHAPTER 1: INTRODUCTION Banking industry volatility and economic growth UNIVERSITY OF ECONOMICS ERAMUS UNIVERSITY ROTTERDAMHO CHI MINH CITYINSTITUTE OF SOCIAL STUDIESVIETNAMTHE NETHERLANDSVIETNAM - NETHERLANDSPROGRAMME FORGọi ngay
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