Financial Structure and Economic Development : A Reassessment

In this article the authors use quantile regressions to assess the relationship between economic and financial development at each percentile of the distribution of economic development. Thus; the quantile regressions provide information on how the associations between economic development and both bank and securities market development change as countries grow richer.

Saved in:
Bibliographic Details
Main Authors: Cull, Robert, Demirgüç-Kunt, Asli, Lin, Justin Yifu
Format: Journal Article biblioteca
Language:en_US
Published: Oxford University Press on behalf of the World Bank 2013-09
Subjects:banking, community bank, credit union, contract enforcement, financial institution, financial market, financial services, financial structure, microfinance,
Online Access:http://hdl.handle.net/10986/21617
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:In this article the authors use quantile regressions to assess the relationship between economic and financial development at each percentile of the distribution of economic development. Thus; the quantile regressions provide information on how the associations between economic development and both bank and securities market development change as countries grow richer.