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Stock Markets, Banks, and Growth: Panel Evidence

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NBER2002-07-01 更新2025-01-04 收录
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This paper investigates the impact of stock markets and banks on economic growth using a panel data set for the period 1976-98 and applying recent GMM techniques developed for dynamic panels. On balance, we find that stock markets and banks positively influence economic growth and these findings are

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2002-07-01
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