Peter Haiss

TL;DR: In this paper, the authors apply a production function approach to investigate the impact of the credit, bond and stock segments in nine EU-accession countries over early years of transition (1996-2000) and compare these to mature market economies and to countries at intermediate stage.

TL;DR: In this article, the authors provide a well structured overview of 54 empirical studies conducted since 1964, sets the stage for constructing a data base encompassing the major three segments of financial markets (stock, bond and bank credit) and provides the methodological background for combining cross-country production function and time-series approaches in order to answer the following questions: What is the direction of the finance-growth nexus, which segment of the financial sector drives whatever nexus there is, and what are the features of a growth supportive financial architecture.

TL;DR: In this article, the impact of financial sector foreign direct investment (FSFDI) on economic growth by estimating a panel data model for 11 Central and Eastern European countries (CEECs) between 1996 and 2003 in a cross-country growth accounting framework is examined.

TL;DR: In this article, the authors investigate both the impact of insurance investment and premiums on GDP growth in Europe and find a positive impact of life insurance on GDP in the EU-15 countries, Switzerland, Norway and Iceland.