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- W4247003341 abstract "Abstract The role of banks in real economic activity has been discussed at length, with arguments over whether bank development is merely a consequence of a growing economy, which simply demands a growing flow of intermediated funds, or whether instead banks themselves can spur further real economic activity. Both theory and empirical advances in recent years have put this causality debate to rest. Not only does banking matter but we now know better how. This chapter provides a panoramic view of the literature on this topic, from the earlier emphasis on causality, to its further investigation of the specific mechanisms through which banks affect the real economy and open issues on the table to carry research activity going forward." @default.
- W4247003341 created "2022-05-12" @default.
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- W4247003341 date "2015-04-07" @default.
- W4247003341 modified "2023-09-29" @default.
- W4247003341 title "Banking and Real Economic Activity" @default.
- W4247003341 cites W4214771869 @default.
- W4247003341 doi "https://doi.org/10.1093/oxfordhb/9780199688500.013.0033" @default.
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