Financial Development, Growth, and the Distribution of Income
收藏NBER1989-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3189
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资源简介：
A paradigm is presented where both the extent of financial intermediation and the rate of economic growth are endogenously determined. Financial intermediation promotes growth because it allows a higher rate of return to be earned on capital, and growth in turn provides the means to implement costly
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美国国家经济研究局创建时间：
1989-12-01
