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Two Centuries of Finance and Growth in the United States, 1790-1980

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NBER2016-09-01 更新2025-01-04 收录
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Do efficient financial markets and institutions promote economic growth? Have they done so in the past? In this essay, to be included in the Handbook of Finance and Development (edited by Thorsten Beck and Ross Levine), I survey a large and diverse historical literature that explores the connection

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2016-09-01
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