It takes the average reader and 36 minutes to read Development of Financial Markets in Central Europe by Mr. Amat Adarov
Assuming a reading speed of 250 words per minute. Learn more
Financial markets in the CE4 countries are still shallow compared to other advanced EU countries. While the government bond markets are comparable in size, measured by capitalization in percent of GDP, the private bond, private credit, and equity markets lag behind. Empirical analysis in this paper helps identify factors that explain this phenomenon. We find that the observed differences cannot be explained by macroeconomic variables only, but incorporating indicators of institutional development and external funding eliminates the gap in the case of the equity and private credit markets. However, for the private bond market a significant gap remains even after accounting for these factors.
Development of Financial Markets in Central Europe by Mr. Amat Adarov is 36 pages long, and a total of 9,216 words.
This makes it 12% the length of the average book. It also has 11% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 50 minutes to read Development of Financial Markets in Central Europe aloud.
Development of Financial Markets in Central Europe is suitable for students ages 8 and up.
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