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Stock markets, banks, and economic growth

Levine, Ross; Zervos, Sara - 1996

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Stock market development and long-run growth

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Stock markets, corporate finance, and economic growth : an overview

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Stock markets, banks, and economic growth

Levine, Ross - In: The American economic review 88 (1998) 3, pp. 537-558

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Migration, spillovers, and trade diversion : the impact of internationalization on stock market liquidity

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Stock markets, banks, and growth : correlation or causality

Beck, Thorsten - 2001

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

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Bank-based and market-based financial systems : cross-country comparisons

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