“FINANCE AND GROWTH” RE-VISITED

We test whether the relationship between finance and growth is present in 48 countries over 20 different periods of an equal length of 15 years, starting in 1980 (to 1995) and ending in 1999 (to 2014). We estimate growth regressions using an IV approach and we find that (1) overall financial develop...

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Bibliographic Details
Main Authors: LIZETHE MÉNDEZ-HERAS, STEVEN ONGENA
Format: Article
Language:English
Published: World Scientific Publishing 2020-06-01
Series:Journal of Financial Management, Markets and Institutions
Subjects:
Online Access:http://www.worldscientific.com/doi/epdf/10.1142/S2282717X20500012