Massafera, Felipe; Gabriel, Luciano Ferreira - In: PSL quarterly review 77 (2024) 311, pp. 531-555
This paper aims to investigate the relationship between the development of the financial market and per capita income. For this, panel data methods were used to analyze proxy variables of depth, risk and liquidity of the financial system for a heterogeneous sample of 95 countries from 1980 to...