Translated title:
What determines financial development in the former Soviet Union countries : remittances, institutions or human capital?
Authors:
Plešinger Lozinschi, Victoria ; Vacek, Pavel (advisor) ; Glazar, Ondřej (referee) Document type: Master’s theses
Year:
2010
Language:
eng Abstract:
This paper is an attempt to find out the determinants of the financial deepening in a panel of 15 Former Soviet Union countries and Mongolia. The explanatory variables are good institutions, human capital and remittances. The main results of the model are: (1) Remittances do influence positively financial deepening in this set of data when using random effects models; (2) Human Capital has a negative impact when using fixed effects; (3) Institutions do not have any impact; (3) Russia does not behave differently than other countries in this model; (4) Natural endowments of hydrocarbon do not influence the relationships between financial deepening and the three explanatory variables.
Institution: Charles University Faculties (theses)
(web)
Document availability information: Available in the Charles University Digital Repository. Original record: http://hdl.handle.net/20.500.11956/34261