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...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Emerald Publishing
2020-06-01
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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 |