National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
Three Essays on Financial Development
Mareš, Jan ; Horváth, Roman (advisor) ; Belke, Ansgar (referee) ; Čihák, Martin (referee) ; Geršl, Adam (referee)
The dissertation is a compilation of three empirical papers on the effects of financial development. In the first paper, we examine finance's effect on long-term economic growth using Bayesian model averaging to address model uncertainty. Our global sample findings indicate that the efficiency of financial intermediation is robustly related to long-term growth. The second and third papers investigate the determinants of wealth and income inequality, capturing various economic, financial, political, institutional, and geographical factors. We reveal that finance plays a considerable role in shaping both distributions.

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