The dynamics of bond market development, stock market development and economic growth: Evidence from the G-20 countries

Purpose - The paper investigates whether Granger causal relationships exist between bond market development, stock market development, economic growth and two other macroeconomic variables, namely, inflation rate and real interest rate. The study aims to expand the domain of economic growth by inclu...

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Bibliographic Details
Main Authors: Rudra P. Pradhan, Mak B. Arvin, Neville R. Norman, Sahar Bahmani
Format: Article
Language:English
Published: Emerald Publishing 2020-06-01
Series:Journal of Economics Finance and Administrative Science
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/JEFAS-09-2018-0087/full/pdf?title=the-dynamics-of-bond-market-development-stock-market-development-and-economic-growth-evidence-from-the-g-20-countries