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linkages between financial and real sector economy pdf
... are even more constrained afterwards due the losses in their asset's value. caballero and krishnamurthy (2001) and caballero and krishnamurthy (2003) consider a 24 similar problem in an open economy setting. ... s financial market is less developed. this finding is in line with results found in rajan and zingales (1998) who find less developed financial markets to be dampening growth if firms are ...
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Manager turnover and firm performance
... and in particular between northern and southern countries (rajan and zingales, 2003) and between old and new member states (allen et al, 2005). these studies look at indicators such as stock and ...
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