IDEAS home Printed from https://ideas.repec.org/a/avo/emipdu/v27y2018i2p377-398.html
   My bibliography  Save this article

Conceptual Model For Analysis Of Financial Development In The Context Of Proposal Of Effective Measures Of Monetary And Fiscal Policy

Author

Listed:
  • Sonja Brlecic Valcic

    (Libertas International University, Zagreb)

  • Ante Samodol

    (Libertas International University, Zagreb)

Abstract

Most of contemporary research dealing with the impact of financial development, financial sector stability and the impact of monetization on economic growth have shown strong nonlinear relations between the mentioned factors. Modern concepts in observing the common dynamics of monetary policy effects on economic growth and its indicators therefore require an indirect approach based on empirical research, in the first place of financial infrastructure, competitiveness of financial markets, as well as current economic conditions. The problems of economic development, in the context of growth intent, are usually linked to these concepts within the effect of financial policies that must be designed according to the priorities of industrial and economic policy. The paper presents a conceptual model for the analysis of financial development, based on previous research and analysis, in the context of proposals for monetary and fiscal policy measures that could have a positive impact on economic growth. The analyses carried out led to conclusions that relate not only to the conceptual connections of observed parameters but also to certain causality.

Suggested Citation

  • Sonja Brlecic Valcic & Ante Samodol, 2018. "Conceptual Model For Analysis Of Financial Development In The Context Of Proposal Of Effective Measures Of Monetary And Fiscal Policy," Economic Thought and Practice, Department of Economics and Business, University of Dubrovnik, vol. 27(2), pages 377-398, december.
    • Handle: RePEc:avo:emipdu:v:27:y:2018:i:2:p:377-398
    as

    Download full text from publisher

    File URL: https://hrcak.srce.hr/clanak/311699
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    financial development; financial channels; structural problems of economic growth and GDP;
    All these keywords.

    JEL classification:

    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O42 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Monetary Growth Models
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:avo:emipdu:v:27:y:2018:i:2:p:377-398. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Nebojsa Stojcic (email available below). General contact details of provider: https://edirc.repec.org/data/oedubhr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.