State-run Banks, Money Growth, and the Real Economy
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https://www.nber.org/papers/w19004
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Within countries, state-run banks lending correlates with prior money growth; otherwise similar private-sector banks lending does not. Aggregate credit and investment growth correlate with prior money growth more where banking systems are more state-run. Size and liquidity differences between state
提供机构:
美国国家经济研究局
创建时间:
2013-04-01



