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Authors Name: Donghyun Park

Do Local Currency Bond Markets Enhance Financial Stability?

This paper empirically tests conventional wisdom on the stabilizing effect of LCBMs. To do so, it analyses and compare the financial vulnerability of developing countries during two episodes of financ...

On 26 Oct 2018

Economic Growth, Financial Development and Income Inequality

The central objective of the paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative re...

On 12 Aug 2015