Why Financial Intermediation?

2007 ◽  
Author(s):  
Tianxi Wang
Keyword(s):  
Financial Intermediation

Taxation of Financial Intermediation

2003 ◽  
Author(s):  
Keyword(s):  
Financial Intermediation

Financial Intermediation and Growth: Theory and Some Cross-Country Evidence

1997 ◽  
Vol 36 (4II) ◽  
pp. 855-862
Author(s):  
Tayyeb Shabir
Keyword(s):  
Economic Growth ◽  
Financial Markets ◽  
Financial Intermediation ◽  
Empirical Estimates ◽  
Financial Liberalisation ◽  
Cross Country ◽  
Level Of Significance ◽  
The Relationship ◽  
Positive Effect ◽  
Theoretical Developments

Well-functioning financial markets can have a positive effect on economic growth by facilitating savings and more efficient allocation of capital. This paper characterises some of the recent theoretical developments that analyse the relationship between financial intermediation and economic growth and presents empirical estimates based on a model of the linkage between financially intermediated investment and growth for two separate groups of countries, developing and advanced. Empirical estimates for both groups suggest that financial intermediation through the efficiency of investment leads to a higher rate of growth per capita. The relevant coefficient estimates show a higher level of significance for the developing countries. This financial liberalisation in the form of deregulation and establishment and development of stock markets can be expected to lead to enhanced economic growth.

Taxation of Financial Intermediation Activities in Hong Kong

2001 ◽  
Author(s):  
Jack Mintz
Keyword(s):  
Hong Kong ◽  
Financial Intermediation

Financial Innovation and Financial Intermediation: Evidence from Credit Default Swaps

2017 ◽  
Author(s):  
Alexander W. Butler ◽  
Xiang Gao ◽  
Cihan Uzmanoglu
Keyword(s):  
Financial Intermediation ◽  
Financial Innovation ◽  
Credit Default Swaps ◽  
Credit Default

Financial Intermediation and Income Distribution

2018 ◽  
Author(s):  
Mehran Ebrahimian
Keyword(s):  
Income Distribution ◽  
Financial Intermediation

Mergers, Diversification and Financial Intermediation

2008 ◽  
Author(s):  
Flavio Toxvaerd
Keyword(s):  
Financial Intermediation

Evolving Fiscal Foundations, c.1650–1730

2018 ◽  
Author(s):  
William D. Godsey
Keyword(s):  
Ottoman Empire ◽  
Financial Intermediation ◽  
Minimum Level ◽  
Profound Change

This chapter examines how the exigencies of decades-long Habsburg rivalry with the Ottoman empire and France affected provincial revenue, fiscal practices, and flows of money. Special attention is paid to the interplay of innovative forms of taxation, new agreements between ruler and Estates known as “recesses” that fixed a minimum level of the diet’s annual grant over a number of years, and the increasing use of the Estates’ credit on the government’s behalf. In particular, it draws attention to the inherent and increasingly visible link between taxation and borrowing as manifested in the Estates’ financial intermediation. The profound change in the financial relations between government and Estates between the 1680s and 1710s helps explain Habsburg international staying power.

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