Government financial regulation and growth
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| Format: | Artículo científico |
| Langue: | en |
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Universidad Nacional Autónoma de México
2017
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| _version_ | 1876424926202691584 |
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| author | Salvador Rivas Aceves |
| author_facet | Salvador Rivas Aceves |
| contents | Government financial regulation and growth Salvador Rivas Aceves Chiara Amato Economía y Finanzas regulation economic growth Financial market macroeconomic equilibrium efficiency of capital market The effects of financial system on economic growth rate are identified. To do this in an endogenous stochastic growth model with two types of financial systems, efficient and inefficient ones, the effects on growth are studied. This investigation shows that financial inefficiency has a negative impact on growth. A financial regulation through a capital yield tax corrects negative impacts on growth; furthermore, the necessary conditions for growing under this scenario are characterized. An empirical study is carried out in order to verify the relationship between economic growth and financial regulations. 2017 artículo científico 0185-1667 https://www.redalyc.org/articulo.oa?id=60155347002 en http://www.redalyc.org/revista.oa?id=601 Investigación Económica application/pdf Universidad Nacional Autónoma de México Investigación Económica (México) Num.299 Vol.LXXVI |
| format | Artículo científico |
| id | redalyc_60155347002 |
| institution | Redalyc |
| language | en |
| publishDate | 2017 |
| publisher | Universidad Nacional Autónoma de México |
| spellingShingle | Government financial regulation and growth Salvador Rivas Aceves Economía y Finanzas regulation economic growth Financial market macroeconomic equilibrium efficiency of capital market Government financial regulation and growth Salvador Rivas Aceves Chiara Amato Economía y Finanzas regulation economic growth Financial market macroeconomic equilibrium efficiency of capital market The effects of financial system on economic growth rate are identified. To do this in an endogenous stochastic growth model with two types of financial systems, efficient and inefficient ones, the effects on growth are studied. This investigation shows that financial inefficiency has a negative impact on growth. A financial regulation through a capital yield tax corrects negative impacts on growth; furthermore, the necessary conditions for growing under this scenario are characterized. An empirical study is carried out in order to verify the relationship between economic growth and financial regulations. 2017 artículo científico 0185-1667 https://www.redalyc.org/articulo.oa?id=60155347002 en http://www.redalyc.org/revista.oa?id=601 Investigación Económica application/pdf Universidad Nacional Autónoma de México Investigación Económica (México) Num.299 Vol.LXXVI |
| title | Government financial regulation and growth |
| topic | Economía y Finanzas regulation economic growth Financial market macroeconomic equilibrium efficiency of capital market |
| url | https://www.redalyc.org/articulo.oa?id=60155347002 |