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• W2756653516 endingPage "112" @default.
• W2756653516 startingPage "92" @default.
• W2756653516 abstract "This paper seeks to investigate the effect of financial development on growth in OECD countries during 1999&#8211;2014. The aim of the analysis is to study the dependence of growth on given financial development indicators along quantiles of the conditional growth distribution, taking into account the effect played by each country over time. For the purpose of the empirical analysis, it performed the instrumental variable quantile regression panel data (IV-QRPD) model suggested by Powell (2016). The findings of IV-QRPD model indicated that the effect of finance on growth is changing along quantiles of the conditional growth distribution. That is to say, we provide some evidence that high-growth OECD countries react to the changes in financial development less than low-growth countries." @default.
• W2756653516 created "2017-10-06" @default.
• W2756653516 creator A5050725931 @default.
• W2756653516 creator A5085873543 @default.
• W2756653516 date "2018-02-01" @default.
• W2756653516 modified "2023-09-23" @default.
• W2756653516 title "Quantile Parameter Heterogeneity in the Finance-Growth Relation: The Case of OECD Countries" @default.
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