Masten, Arjana Brezigar; Coricelli, Fabrizio; Masten, Igor - In: Journal of International Money and Finance 27 (2008) 2, pp. 295-313
Using both macro- and industry-level data this paper analyses the non-linear effects of financial development and international financial integration on economic growth in Europe. Special attention is devoted to modeling threshold effects with respect to the depth of financial markets as a...