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Autores
Orientador(es)
Resumo(s)
This dissertation examines the relationship between financial crises and economic growth,
using a panel data approach for OECD countries, from 1967 to 2023. This data was split
between macroeconomic variables, varying from 1980 to 2023, and financial stress
variables, varying from 1967 to 2018.
Through applying a variety of econometric models, namely random and fixed effects, as
well as instrumental variable regressions, the study focus on the relationships between
financial crises, financial stress and economic growth.
For the computed regressions were employed both financial stress and macroeconomic
variables and its impact on economic growth was assessed.
The results presented in this paper allow a better understanding of financial crises by
policymakers, since it covers a considerable number of countries with different stages of
economic growth and a considerable time period. We also identify periods of heightened
financial stress with past financial crises, which may attenuate future ones.
Descrição
Mestrado Bolonha em Economia Monetária e Financeira
Palavras-chave
Financial Stress Financial Crises Economic Growth OECD Countries
Contexto Educativo
Citação
Silvestre, João Francisco Coelho (2024). “Financial crises and economic growth : a panel data approach for OECD countries”. Dissertação de Mestrado. Universidade de Lisboa. Instituto Superior de Economia e Gestão
Editora
Instituto Superior de Economia e Gestão
