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

Finance for Growth: Does a Balanced Financial Structure Matter?

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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WP_0503_tcm348-212453 English June 15, 2005
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Abstract English June 15, 2005
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Finance for Growth: Does a Balanced Financial Structure Matter?

Documents to download

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Abstract (PDF)

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