期刊名称:Scientific Annals of the “Alexandru Ioan Cuza” University of Iasi – Economic Sciences Series
印刷版ISSN:2501-1960
电子版ISSN:2501-3165
出版年度:2016
卷号:63
期号:2
语种:
出版社:Sciendo
摘要:Financial sector has experienced significant expansion together with accelerating financial globalization in recent years and had important positive and negative implications for all the economies. This study investigates the interaction among unemployment, financial development and domestic investment in 16 emerging market economies during 2001-2014 period using panel data analysis. We found that there was long relationship among the variables and both domestic and foreign direct investment had negative impact on unemployment. Furthermore, there was one-way causal relationship from development of financial sector to unemployment.
关键词:financial development; unemployment; panel data analysis