Stock markets, banks, and growth correlation or causality
Analysis of a panel data set for 1976-98 shows that on balance stock markets and banks positively influence economic growth; findings that do not result from biases induced by simultaneity, omitted variables, or unobserved country-specific effects
Main Author: | |
---|---|
Corporate Author: | |
Other Authors: | |
Format: | eBook |
Language: | English |
Published: |
Washington, D.C
World Bank, Development Research Group, Finance
2001
|
Series: | Policy research working paper
|
Subjects: | |
Online Access: | |
Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
Summary: | Analysis of a panel data set for 1976-98 shows that on balance stock markets and banks positively influence economic growth; findings that do not result from biases induced by simultaneity, omitted variables, or unobserved country-specific effects |
---|---|
Item Description: | "September 2001. - Includes bibliographical references (p. 17-19). - Title from title screen as viewed on Aug. 30, 2002 |