Work

Stock Markets, Banks, and Growth: Correlation or Causality?

Year: 2001

Type: report

Abstract: 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

Source: World Bank, Washington, DC eBooks

DOI: 10.1596/1813-9450-2670

Authors: Ross Levine, Thorsten Beck

Institutions: National Bureau of Economic Research, University of California, Berkeley, City, University of London, Tilburg University

Language: English

Topic: Monetary Policy and Economic Impact

Subfield: General Economics, Econometrics and Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: green

OpenAlex ID: W2124181268

Cites: 39

Cited by: 90

Related to: 10