Are bond markets, economic growth, and institutional quality related? Evidence from VECM estimation

被引：0
|
作者：
Pradhan, Rudra [1 ]
Aggarwal, Nidhi [2 ]
Abraham, Rebecca [3 ]
机构：
[1] Indian Inst Technol Kharagpur, Kharagpur, India
[2] Virginia Univ Lynchburg, Lynchburg, VA USA
[3] Nova Southeastern Univ, Ft Lauderdale, FL USA
来源：
ECONOMICS BULLETIN | 2023年 / 43卷 / 01期
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D O I：
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中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study investigates the interrelationships between bond markets, economic growth, and institutional quality of middle-income countries from 2005 to 2020. We find that economic growth and institutional quality explain bond markets in the long run and short run. We find that there is an association between institutional quality, economic growth, bond market development.
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页数：12
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