Article ID Journal Published Year Pages File Type
9549388 Economics Letters 2005 7 Pages PDF
Abstract
We examine the relationship between financial intermediary development and economic growth using different instruments. We find a strong positive effect when financial intermediation is measured as private domestic credit or liquid liabilities, supporting earlier findings based on only one instrument.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Financial intermediation and growth: Some robustness results
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