Using firm-level data from 2006 to 2013 for a set of developing countries, we examine the effects of financial development on innovation. Financial development boosts innovation by improving resource allocation and investment ...

The 2008 global financial crisis was the consequence of the process of financialization, or the creation of massive fictitious financial wealth, that began in the 1980s, and of the hegemony of a reactionary ideology, namely, ...

The 2008 global financial crisis was the consequence of the process of financialization, or the creation of massive fictitious financial wealth, that began in the 1980s, and of the hegemony of a reactionary ideology, namely, ...

This paper studies a class of general equilibrium economies in which the individuals' endowments depend on privately observed effort choices and the financial markets are endogenous. The environment is modeled as a two-stage ...

The main objective of this paper is to suggest recommendations for the innovation of financial education in Mexico, especially focusing on consumer banking credit (credit card). These recommendations were designed based ...

Innovations in the public sector result in more efficient and effective services, where problem solving translates into beneficial results for society. The health sector is considered to be one of the most innovative ...