Work detail

Three Essays on Financial Development

Author: Mgr. Jan Mareš (23.9.2020)
Year: 2020 - summer
Leaders: prof. Roman Horváth Ph.D.
Consultants:
Work type: Dissertations
Doctoral
Economic Policy
Language: English
Pages: 180
Awards and prizes:
Link:
Abstract: The dissertation is a compilation of three empirical papers on the effects of financial development. In the first paper, we examine finance's effect on long-term economic growth using Bayesian model averaging to address model uncertainty. Our global sample findings indicate that the efficiency of financial intermediation is robustly related to long-term growth. The second and third papers investigate the determinants of wealth and income inequality, capturing various economic, financial, political, institutional, and geographical factors. We reveal that finance plays a considerable role in shaping both distributions.

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