The Determinants of Financialization – A Bayesian Approach

This study considers the determinants of financialization in a sample of 158 countries over the period of 2000-2016. The atheoretical Bayesian model averaging approach was applied in order to identify the macroeconomic determinants of the phenomenon. A broad set of variables was tested without adopt...

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Bibliographic Details
Main Authors: Jakub Gazda, Pawel Marszalek, Katarzyna Szarzec
Format: Article
Language:English
Published: Universidad de Huelva 2021-09-01
Series:Revista de Economía Mundial
Subjects:
Online Access:https://www.uhu.es/publicaciones/ojs/index.php/REM/article/view/5092