Bhattacharyya, Sambit - In: Journal of Comparative Economics 41 (2013) 4, pp. 979-994
There is growing policy interest in the role of financial structure in promoting development. However, very little is … of financial structure. Using difference–in difference estimation and annual data, we study the effects of … democratization on financial structure in a sample of 96 countries covering the period 1970–2005. Democratization here corresponds to …