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- W3124803532 abstract "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 are not due to potential biases induced by simultaneity, omitted variables or unobserved country-specific effects." @default.
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- W3124803532 date "2004-03-01" @default.
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- W3124803532 title "Stock markets, banks, and growth: Panel evidence" @default.
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- W3124803532 doi "https://doi.org/10.1016/s0378-4266(02)00408-9" @default.
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