Do countries with stronger family ties experience lower level of financial development?

• Main Authors: Lim, Jodyn Zhen Ting, San, Pei Ling, Ting, Hazel Huong Rui
• Other Authors: James Ang
• Format: Final Year Project
• Language: English
• Published: 2018
• Subjects: DRNTU::Social sciences
• Online Access: http://hdl.handle.net/10356/73856
• Institution: Nanyang Technological University

This paper examines the effect of strength of family ties on the level of financial development across 80 countries using OLS and IV-2SLS frameworks. We amalgamate two emerging strands of literature, the sources of financial development and the effect that family ties have on economic behaviour. To...