Published on Wednesday, June 15, 2005 | Updated on Wednesday, May 21, 2014

Finance for Growth: Does a Balanced Financial Structure Matter?

Summary

In this paper we explore empirically a long-standing question in the literature on finance for growth, namely whether the financial structure –in terms of the size of the banking system relative to the capital markets– matters for economic growth.

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Authors

Alicia García-Herrero
Lucía Cuadro-Sáez

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Abstract (PDF)

Abstract

English - June 15, 2005

Report (PDF)

WP_0503_tcm348-212453

English - June 15, 2005

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