Determinants Of Financial Development
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The authors apply vector autoregression to firm-level panel data from 36 countries to study the dynamic relationship between firms' financial conditions and inv
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This paper examines the empirical relationship between long–run growth and the degree of financial development, proxied by the ratio of bank credit to the pri
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Pages: 82
Pages: 82
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Abstract: The first part of this paper reviews the literature on the relation between finance and growth. The second part of the paper reviews the literature on