The Impact of Financial Development on Human Capital: Evidence From Emerging Market Economies

The Impact of Financial Development on Human Capital: Evidence From Emerging Market Economies

This study aims to analyze the effect of financial development on human capital in emerging market economies over the years 1990-2015. To this aim, two different panel data models including different proxies for human capital are constructed. Results from both models indicate that financial developm...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:International journal of economics and financial issues 2018-01, Vol.8 (1), p.258-267
Hauptverfasser: neyt Kili, Ozcan, Burcu
Format: Artikel
Sprache:eng
Schlagworte:
Economic models
Emerging markets
Human capital
Market economies
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:This study aims to analyze the effect of financial development on human capital in emerging market economies over the years 1990-2015. To this aim, two different panel data models including different proxies for human capital are constructed. Results from both models indicate that financial development positively affects the human capital level of emerging market economies. Besides, some causality linkages are obtained between financial development and human capital indicators. Based on the findings of the study, some important policy implications could be suggested.
ISSN:2146-4138