The effect of inflation on financial development : evidence from selected developing countries

The effect of inflation on financial development : evidence from selected developing countries

The main objectives of this research is to study the effect of inflation on financial development for 23 selected developing countries worldwide for the period 2000 to 2014. The dependent variable for financial sector performances is measured by credit provided to private sectors, and money supply(M...

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Main Author: Mtepa, Pilly Hamisi
Format: Thesis
Language:eng
eng
Published: 2016
Subjects:
HG Finance
Online Access:https://etd.uum.edu.my/7392/1/s818423_01.pdf
https://etd.uum.edu.my/7392/2/s818423_02.pdf
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id my-uum-etd.7392
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
eng
advisor Nayan, Sabri
topic HG Finance
spellingShingle HG Finance
Mtepa, Pilly Hamisi
The effect of inflation on financial development : evidence from selected developing countries
description The main objectives of this research is to study the effect of inflation on financial development for 23 selected developing countries worldwide for the period 2000 to 2014. The dependent variable for financial sector performances is measured by credit provided to private sectors, and money supply(M2). Other controllable variables are, inflation which consumer price index, interest rate particular lending interest rate, and GDP per capita which measure economic growth of a particular country. This study employs panel data regression analysis of fixed effects and random effects models. Furthermore, the results show that, two independent variables was found having negative significant relationship with dependent variables, those variables are inflation and interest. While GDP per capita has negative significant relationship with money supply when used as a financial development measure. At the same time GDP per capita has positive significant relationship with credit as a measure of financial development.
format Thesis
qualification_name masters
qualification_level Master's degree
author Mtepa, Pilly Hamisi
author_facet Mtepa, Pilly Hamisi
author_sort Mtepa, Pilly Hamisi
title The effect of inflation on financial development : evidence from selected developing countries
title_short The effect of inflation on financial development : evidence from selected developing countries
title_full The effect of inflation on financial development : evidence from selected developing countries
title_fullStr The effect of inflation on financial development : evidence from selected developing countries
title_full_unstemmed The effect of inflation on financial development : evidence from selected developing countries
title_sort effect of inflation on financial development : evidence from selected developing countries
granting_institution Universiti Utara Malaysia
granting_department Othman Yeop Abdullah Graduate School of Business
publishDate 2016
url https://etd.uum.edu.my/7392/1/s818423_01.pdf
https://etd.uum.edu.my/7392/2/s818423_02.pdf
_version_ 1776103691722424320
spelling my-uum-etd.73922023-03-09T02:40:39Z The effect of inflation on financial development : evidence from selected developing countries 2016 Mtepa, Pilly Hamisi Nayan, Sabri Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance The main objectives of this research is to study the effect of inflation on financial development for 23 selected developing countries worldwide for the period 2000 to 2014. The dependent variable for financial sector performances is measured by credit provided to private sectors, and money supply(M2). Other controllable variables are, inflation which consumer price index, interest rate particular lending interest rate, and GDP per capita which measure economic growth of a particular country. This study employs panel data regression analysis of fixed effects and random effects models. Furthermore, the results show that, two independent variables was found having negative significant relationship with dependent variables, those variables are inflation and interest. While GDP per capita has negative significant relationship with money supply when used as a financial development measure. At the same time GDP per capita has positive significant relationship with credit as a measure of financial development. 2016 Thesis https://etd.uum.edu.my/7392/ https://etd.uum.edu.my/7392/1/s818423_01.pdf text eng public https://etd.uum.edu.my/7392/2/s818423_02.pdf text eng public masters masters Universiti Utara Malaysia Alimi, R. S. (2014). Inflation and financial sector performance: The case of Nigeria. Timisoara Journal of Economics and Business, 7(1), 55–69. Almalki A.M, & I, B. K. (2015). The relationship between inflation and financial development in Saudi Arabia. T he journal of developing areas, 49(6). Baltagi, B. H., Demetriades, P. O., Law, S. 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