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Does Finance Cause Growth? Evidence from the Origins of Banking in Russia

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NBER2012-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w18139
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This paper examines the effect of banking on economic growth in modern Russia. To overcome simultaneity and selection, we exploit regional banking variation induced by the creation of "specialized banks" (spetsbanks) in the last years of the Soviet Union (1988-1991). Consistent with the qualitative
提供机构:
美国国家经济研究局
创建时间:
2012-06-01
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