金融发展对原欧元区11国不均衡的影响：固定样本数据法

发布时间：2018-06-02 01:45

本文选题：金融发展 + 不均衡　；参考：《厦门大学》2014年硕士论文

【摘要】：近几年来,欧元区一直在和低经济在增长数据做斗争。经济危机导致了紧缩政策、削减和生产力不增反而税收增加。粤此同时,与欧盟和欧元区不均衡有关的争论正在酝酿中。成员国的不断扩张使得在减少不均衡的同时取得经济增长的问题上,更难达成统一的政策。提出来供欧洲立法者参考的政策的数量也令人惊愕。此论文着重用不同于仅是重新分配政策的方法来处理不均衡问题。在此之前对金融发展的研究主张金融发展实际上能减轻不均衡。有证据显示金融发展也鼓励经济增长,而且不仅是通过反向因果关系,这听起来像一个很好的结合,一种双赢的局面。但是,在这片论文之前都没有任何研究是特别着眼于金融发展对欧盟或者原欧元区十一国间不均衡的影响。不仅包括一小部份经济发达国家,这片论文针对超过100个经常被研究且能提供有趣结论的国家(大样本),提出不同的结论。通过固定样本数据法,使用1999年到2011年间的可用数据,我们表明原欧元区十一国的的经历不同于世界平均水平。股票市场对不均衡有消极影响,然而私人信贷显示出对GDP的增长有积极的影响,这显示了不同的国家在不同的发展阶段需要不同的政策。
[Abstract]:In recent years, the euro zone has struggled with low economic growth data. The economic crisis has led to austerity, cuts and productivity gains, but tax increases. At the same time, disputes over imbalances in the EU and the euro zone are brewing. The growing membership makes it more difficult to achieve uniform policies to reduce imbalances while achieving economic growth. The number of policies put forward for European lawmakers' reference is also staggering. This paper focuses on dealing with imbalances in a different way than just redistribution policies. Prior to this, the research on financial development advocated that financial development can actually alleviate the imbalance. There is evidence that financial development also encourages economic growth, not only through reverse causality, which sounds like a good combination, a win-win situation. But no previous study has focused specifically on the effects of financial development on imbalances between the European Union or the original 11 euro zone countries. Not only a small number of economically developed countries are included in this paper, but this paper presents different conclusions for more than 100 countries that are often studied and can provide interesting conclusions. Using the data available between 1999 and 2011, we show that the experience of the original 11 euro zone countries is different from the world average. Stock markets have a negative impact on imbalances, but private credit has shown a positive impact on GDP growth, suggesting that different countries need different policies at different stages of development.
【学位授予单位】：厦门大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F831;F15

【共引文献】