Since 2014
A Study of The Impact of Financial Development on the Country’s Monetization
International Journal of Social Science Studies
View Archive Info| Field | Value | |
| Title |
A Study of The Impact of Financial Development on the Country’s Monetization
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| Creator |
Liu, Hao
Chen, Shijin |
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| Description |
Based on dynamic panel data from 45 countries, this article makes an empirical analysis of the determinants of M2/GDP ratio. It reveals that indirect financing dominated by banking system and direct financing dominated by financial markets jointly contribute to the rise of the M2/GDP ratio of a country, while the improvement of efficiency of banking industry and securities market helps reduce it. Finally it offers some suggestions on upgrading China’s financial market and structure in terms of promoting its financial efficiency, innovation and reform.
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| Publisher |
Redfame Publishing
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| Contributor |
—
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| Date |
2016-03-10
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://redfame.com/journal/index.php/ijsss/article/view/1446
10.11114/ijsss.v4i4.1446 |
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| Source |
International Journal of Social Science Studies; Vol 4, No 4 (2016); 69-77
2324-8041 2324-8033 |
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| Language |
eng
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| Relation |
http://redfame.com/journal/index.php/ijsss/article/view/1446/1526
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