Financial development and growth: Evidence from Serbia
This paper studies the relationship between financial development and economic growth in Serbia. We focus on the influence of stock market and banking-sector development on growth. Using the framework of a neoclassical growth model, we investigate the impact of stock market liquidity and credit acti...
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Format: | Article |
Language: | English |
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Economics institute, Belgrade
2019-01-01
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Series: | Industrija |
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Online Access: | https://scindeks-clanci.ceon.rs/data/pdf/0350-0373/2019/0350-03731901077B.pdf |