Liu, Guanchun; He, Lei; Yue, Yiding; Wang, Jiying - In: The North American Journal of Economics and Finance 29 (2014) C, pp. 239-265
This paper investigates the long-run and short-run linkages between insurance activity and banking credit for G-7 countries. To minimize the pretest bias and overcome the structural changes, we adopt the bootstrap Granger causality test applied to full sample and subsamples with a fixed window...