Projects per year
Abstract
Due to the fact that the European transition economies practically started from scratch in financial market development the size of financial markets in the CE-10 is significantly smaller with respect to GDP than in developed market economies. We can show by residual analysis that financial markets in the Czech Republic and Slovakia still need some restructuring. We also find that stock markets hardly contribute to economic prosperity, neither in the CE-10 nor in the EU.
Original language | English |
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Place of Publication | Vienna |
Publisher | Forschungsinstitut für Europafragen, WU Vienna University of Economics and Business |
Publication status | Published - 1999 |
Publication series
Series | EI Working Papers / Europainstitut |
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Number | 34 |
WU Working Paper Series
- EI Working Papers / Europainstitut
Projects
- 1 Finished
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Nexus between financial and real sector
Fink, G., Hristoforova, S. & Mantler, H.
15/11/01 → 14/11/03
Project: Research funding