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tion

appr

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kiw

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eil,

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aiss

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005)

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ge22

Ref

eren

ces

Alle

n, F

. / B

artil

oro,

L. /

Kow

alew

ski,

O. (

2005

): Th

e Fi

nanc

ial S

yste

m o

f the

EU

25,

pap

er p

rese

nted

at

the

con

fere

nce

on E

urop

ean

Eco

nom

ic In

tegr

atio

n 20

05, V

ienn

a, O

eNB

, ht

tp://

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_eu2

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A (2

004)

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king

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EE

, Ext

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epor

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icit,

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il 20

04, h

ttp://

econ

omic

rese

arch

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BA

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(200

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king

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onte

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ay 2

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BA

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king

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outh

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tern

Eur

ope

On

the

Mov

e, E

xtra

Rep

ortX

plic

it, S

ept.

2005

, B

reus

s, F

., / F

ink,

G. /

Hai

ss, P

. (20

04):

How

wel

l pre

pare

d ar

e th

e N

ew M

embe

r Sta

tes

for t

he

Eur

opea

n U

nion

, Jou

rnal

of P

olic

y M

odel

ing

26: 7

69-7

91.

Car

kovi

c, M

. / L

evin

e, R

. (20

02):

Doe

s FD

I Inv

estm

ent A

ccel

erat

e E

onom

icG

row

th?

Uni

verit

yof

M

inne

sota

Wor

king

Pap

er, h

ttp://

pape

rs.s

srn.

com

/sol

3/pa

pers

.cfm

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tract

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BR

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005)

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nsiti

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t 200

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ondo

nE

BR

D (2

006)

: Tra

nsiti

onR

epor

t 200

6, L

ondo

nE

CB

(200

5): E

U B

anki

ngSe

ctor

Stab

ility,

Oct

. 200

5, h

ttp://

ww

w.e

cb.in

tE

CB

(200

6): E

U B

anki

ngSe

ctor

Stab

ility,

Nov

. 200

6, h

ttp://

ww

w.e

cb.in

t

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ropa

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itut,

WU

-Wie

npa

ge23

Ref

eren

ces

Elle

r, M

. / H

aiss

, P. /

Ste

iner

, K. (

2005

): Fo

reig

n D

irect

Inve

stm

ent i

n th

e Fi

nanc

ial S

ecto

r: Th

e E

ngin

e of

Gro

wth

for C

entra

l and

Eas

tern

Eur

ope?

, Eur

opeI

nstit

uteI

Wor

king

Pap

er 6

9, D

ec.

2005

,http

://fg

r.wu-

wie

n.ac

.at/i

nstit

ut/e

f/wp/

wp6

9.pd

fE

ller,

M. /

Hai

ss, P

. / S

tein

er, K

. (20

06):

Fore

ign

Dire

ct In

vest

men

t in

the

finan

cial

sec

tor a

nd c

onom

icgr

owth

in C

entra

l and

Eas

tern

Eur

ope:

The

cru

cial

role

of t

he e

ffici

ency

cha

nnel

, Em

ergi

ng M

arke

ts

Rev

iew

, doi

:10.

1016

/j.em

emar

.200

6.09

.001

, for

thco

min

gE

urop

ean

Com

mis

sion

(200

6):F

inan

cial

Inte

grat

ion

Mon

itor2

006,

ht

tp://

ec.e

urop

a.eu

/inte

rnal

_mar

ket/f

inan

ces/

fim/in

dex_

en.h

tmFi

nk, G

. / H

aiss

, P. /

Hris

tofo

rova

, S. (

2006

): C

redi

t, B

onds

and

Sto

cks

in S

even

Lar

ge E

cono

mie

s,

Eur

opeI

nstit

ute

Wor

king

Pap

er 7

0, J

anua

ry 2

006,

ht

tp://

fgr.w

u-w

ien.

ac.a

t/ins

titut

/ef/w

p/w

p70.

pdf

Fink

, G. /

Hai

ss, P

. / K

irchn

er, H

. / M

oser

-Tho

rwar

tl, U

. (2

005)

:Fin

anci

ng th

roug

h B

ond

Issu

es a

nd

the

Nex

us w

ith E

cono

mic

Gro

wth

, Eur

opeI

nstit

ute

Wor

king

Pap

er 6

8, S

ept 2

005,

http

://fg

r.wu-

wie

n.ac

.at/i

nstit

ut/e

f/wp/

wp6

8.pd

fFi

nk, G

. / H

aiss

, P. /

Vuk

sic,

G. (

2004

): C

hang

ing

Impo

rtanc

e of

Fin

anci

al S

ecto

rs fo

r Gro

wth

from

Tr

ansi

tion

to C

ohes

ion

and

Euro

pean

Inte

grat

ion,

Eur

opeI

nstit

ute

Wor

king

Pap

er N

o. 5

8,

http

://fg

r .wu-

wie

n.ac

.at/i

nstit

ut/e

f/nex

us.h

tml

Fink

, G. /

Hai

ss, P

. / V

uksi

c, G

. (20

05):

Impo

rtanc

e of

Fin

anci

al S

ecto

rs fo

r Gro

wth

in A

cces

sion

C

ount

ries,

Pap

er p

rese

nted

at t

he E

CB

/OeN

B/C

FS-C

onfe

renc

e on

Eur

opea

n E

cono

mic

In

tegr

atio

n, N

ov. 2

005

©Eu

ropa

inst

itut,

WU

-Wie

npa

ge24

Ref

eren

ces

Hag

may

r, B

. / H

aiss

, P.(

2006

): Fi

nanc

ial S

ecto

rDev

elop

men

tand

Eco

nom

icG

row

th �

Evid

ence

for

Sou

thea

ster

nE

urop

e, P

aper

pre

sent

ed a

t the

2nd

Wor

ksho

p on

the

Effe

cts

of O

peni

ng th

e B

anki

ng

Sec

tors

in S

outh

Eas

tern

Eur

ope

to F

orei

gn In

vest

men

ts, E

cono

mic

Pol

icy

Inst

itute

, Sof

ia, O

ct.

2006

Hai

ss, P

. (20

06):

Ban

king

Tra

nsiti

on P

rogr

ess,

For

eign

Ban

k E

ntry

and

Eco

nom

ic D

evel

opm

ent:

The

Cas

e of

Ser

bia,

Pap

er p

rese

nted

at t

he 2

nd W

orks

hop

on th

e E

ffect

s of

Ope

ning

the

Ban

king

S

ecto

rs in

Sou

th E

aste

rn E

urop

e to

For

eign

Inve

stm

ents

, Eco

nom

icP

olic

y In

stitu

te, S

ofia

, Oct

. 20

06H

aiss

, P. /

Fin

k, G

. (2

006)

: The

Fina

nce-

Gro

wth

-Nex

usR

evis

ited:

New

Evi

denc

ean

d th

eN

eed

for

Bro

aden

ing

the

App

roac

h, E

urop

eIns

titut

eW

orki

ngPa

per N

o. 7

3, A

ug. 2

006,

http

://w

ww

2.w

u-w

ien.

ac.a

t/eur

opai

nstit

ut/e

f/nex

us.h

tml

Hai

ss, P

. / M

arin

, S. (

2005

): O

ptio

ns fo

r dev

elop

ing

Bon

d M

arke

ts �

Less

ons

from

Asi

a fo

r Cen

tral a

nd

Eas

tern

Eur

ope,

Eur

opeI

nstit

ute

Wor

king

Pap

er 6

3, h

ttp://

fgr.w

u-w

ien.

ac.a

t/ins

titut

/ef/w

p/w

p63.

pdf

Jian

g, G

. / M

cCau

ley,

R. (

2004

): A

sian

loca

l cur

renc

y bo

nd m

arke

ts, B

IS Q

uarte

rly R

evie

w, J

une:

67-

79, h

ttp://

ww

w.b

is.o

rg/p

ubl/q

trpdf

/r_qt

0406

f.pdf

Kra

ft, E

. (20

05):

Ban

king

Ref

orm

in S

outh

east

Eur

ope:

Acc

ompl

ishm

ents

and

Cha

lleng

es´,

in

Lieb

sche

r, K

., C

hris

tl, J

., M

oosl

echn

er, P

., R

itzbe

rger

-Grü

nwal

d, D

. (ed

s.):

Eur

opea

n E

cono

mic

In

tegr

atio

n an

d S

outh

-Eas

t Eur

ope,

Edw

ard

Elg

ar, C

helte

nham

, 350

-367

.

©Eu

ropa

inst

itut,

WU

-Wie

npa

ge25

Ref

eren

ces

Kin

g, R

. / L

evin

e, R

. (1

993)

: Fin

ance

and

Gro

wth

: Sch

umpe

ter M

ight

Be

Rig

ht, Q

uarte

rly J

ourn

al o

f E

cono

mic

s, 1

08(1

993)

: 717

-737

Levi

ne, R

. (19

97):

Fina

ncia

l Dev

elop

men

t and

Gro

wth

. Vie

ws

and

Age

nda,

Jou

rnal

of E

cono

mic

Li

tera

ture

35,

Jun

e 19

97: 6

88-7

26.

Levi

ne, R

. (20

05):

Fina

nce

and

Gro

wth

: The

ory

and

Evi

denc

e, in

Agh

ion,

P. /

Dur

lauf

, S. (

eds.

): H

andb

ook

of E

cono

mic

Gro

wth

, Vol

. 1A

, Els

evie

r, A

mst

erda

m: 8

65-9

34M

anki

w, G

., R

omer

, D. a

nd W

eil,

D. (

1992

): A

Con

tribu

tion

to th

e E

mpi

rics

of E

cono

mic

Gro

wth

, Q

uarte

rly J

ourn

al o

f Eco

nom

ics,

107

(2):

407-

437

Mih

alje

k, D

. (20

06):

Rap

id G

row

th o

f Ban

k C

redi

t in

Cen

tral a

nd E

aste

rn E

urop

e: th

e R

ole

of H

ousi

ng

Mar

kets

and

For

eign

-Ow

ned

Ban

ks, P

aper

pre

sent

ed a

t the

12t

hD

ubro

vnik

Eco

nom

ic C

onfe

renc

e,

HN

B, J

uly

2006

, http

://w

ww

.hnb

.hr

Raj

an, R

. (20

05):

Has

Fin

anci

al D

evel

opm

ent M

ade

the

Wor

ld R

iski

er?

NB

ER

Wor

king

Pap

er N

o.

W11

728,

http

://pa

pers

.ssr

n.co

m/s

ol3/

pape

rs.c

fm?a

bstra

ct_i

d=84

2464

Rou

ssea

u, P

. / W

acht

el, P

. (20

05):

Eco

nom

ic G

row

th a

nd F

inan

cial

Dep

th: I

s th

ere

latio

nshi

p ex

tinct

al

read

y? P

aper

pre

sent

ed a

t the

UN

U /

WID

ER

Con

fere

nce

on F

inan

cial

Sec

tor D

evel

opm

ent f

or

Gro

wth

and

Pov

erty

Red

uctio

n, J

uly,

Hel

sink

iW

acht

el, P

. (20

01):

Gro

wth

and

Fin

ance

: Wha

t Do

We

Kno

w a

nd H

ow D

o W

e K

now

It?,

Inte

rnat

iona

l Fin

ance

4(3

),33

5-36

2.

©Eu

ropa

inst

itut,

WU

-Wie

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ge26

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tact ht

tp://

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w2.

wu-

wie

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.at/e

urop

ains

titut

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.htm

l

Pete

r R. H

aiss

w

ith s

uppo

rt o

f Ger

hard

Fin

k &

the

Fina

nce-

Gro

wth

-Nex

us T

eam

Vi

enna

Uni

vers

ity o

f Eco

nom

ics

and

Bus

ines

s A

dmin

istr

atio

npe

ter.h

aiss

@w

u-w

ien.

ac.a

t