Work

Investigation of Relationship between Financial and Economic Development in the EU Countries

Year: 2014

Type: article

Abstract: The relationship between financial and economic development in the EU countries was investigated in this article. Summarizing the results of this study it can be stated that a positive statistically significant monotonic relationship between economic and financial development in the EU countries exists. However, the analysis results on the relationship between financial and economic development in different clusters of EU countries are mixed and there is no clear consensus on the relation between financial and economic development in different clusters.

Source: Procedia Economics and Finance

DOI: 10.1016/s2212-5671(14)00700-x

Authors: Vilma Deltuvaitė, Lina Sinevičienė

Institution: Kaunas University of Technology

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W2055000487

FWCI: 2.809

Cites: 23

Cited by: 21

Related to: 10