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.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:435783 |
| Date | January 2020 |
| Creators | Mareš, Jan |
| Contributors | Horváth, Roman, Belke, Ansgar, Čihák, Martin, Geršl, Adam |
| Source Sets | Czech ETDs |
| Language | English |
| Detected Language | English |
| Type | info:eu-repo/semantics/doctoralThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
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