Financialisation, i.e., the process by which financial markets and their participants gain more influence over functioning of enterprises/companies framework system, changes economic both at macro- microeconomic level. There is no doubt that financialisation impacts growth. Still, research does not substantiate heterogeneity effects provide a comprehensive analysis sources heterogeneity. In mos...

This paper econometrically analyzes the relationship between public spending and gendered urban employment in China for the period 1999-2009. Proponents of gender-sensitive public policies suggest that spending on healthcare and education may increase long-run growth and women’s relative employment via the expansion of paid care work (increasing labor demand) and reductions in unpaid labor (inc...

The relationship between financial development and economic growth has been subjected to several debates by various authors. It has been argued that a competitive and efficient financial sector is a prerequisite for economic growth and development. The objective of this study therefore is to examine the relationship between bank competition and economic growth in Nigeria for the period 1986 – 2...

One aspect of the preceding quotation has been extensively studied in the economics literature. Numerous studies have examined the relationship between economic freedom and long-run economic growth across countries.1 The other aspect of Friedman’s statement—that referring to the relationship between economic freedom and shortrun macroeconomic stability—has received relatively little attention i...