Showing 1 - 10 of 28
1975-98, the paper then shows that variation in both banking sector and stock market development can explain variation in …
Persistent link: https://www.econbiz.de/10011498528
Analysis of a panel data set for 1976-98 shows that on balance stock markets and banks positively influence economic growth; findings that do not result from biases induced by simultaneity, omitted variables, or unobserved country-specific effects
Persistent link: https://www.econbiz.de/10010523965
Persistent link: https://www.econbiz.de/10001910924
Persistent link: https://www.econbiz.de/10001778306
Persistent link: https://www.econbiz.de/10001685978
This paper investigates the impact of stock markets and banks on economic growth using a panel data set for the period 1976-98 and applying recent GMM techniques developed for dynamic panels. On balance, we find that stock markets and banks positively influence economic growth and these findings...
Persistent link: https://www.econbiz.de/10012469631
This paper investigates the impact of stock markets and banks on economic growth using a panel data set for the period 1976-98 and applying recent GMM techniques developed for dynamic panels. On balance, we find that stock markets and banks positively influence economic growth and these findings...
Persistent link: https://www.econbiz.de/10014115147
This paper investigates the impact of stock markets and banks on economic growth using a panel data set for the period 1976-98 and applying recent GMM techniques developed for dynamic panels. On balance, we find that stock markets and banks positively influence economic growth and these findings...
Persistent link: https://www.econbiz.de/10013231409
Persistent link: https://www.econbiz.de/10013209824
Theory makes ambiguous predictions about the relationship between market structure and competitiveness of the banking … system and banking sector stability. Empirical studies focusing on individual countries provide similarly ambiguous results …, while cross-country studies point mostly to a positive relationship between competition and stability in the banking system …
Persistent link: https://www.econbiz.de/10010521103