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.
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Main Authors: | Cull, Robert, Demirgüç-Kunt, Asli, Lin, Justin Yifu |
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Format: | Journal Article biblioteca |
Language: | en_US |
Published: |
Oxford University Press on behalf of the World Bank
2013-09
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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 |
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