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Finance and the sources of growth [Dataset]
This paper evaluates the empirical relationship between the level of financial intermediary development and (i) economic growth, (ii) total factor productivity growth, (iii)... -
Financial development and international trade: Is there a link? [Dataset]
This paper explores a possible link between financial development and trade in manufactures. The theoretical model focuses on the role of financial intermediaries in... -
Industry growth and capital allocation: Does having a market- or bank-based s...
Are market-based or bank-based financial systems better at financing the expansion of industries that depend heavily on external finance, facilitating the formation of new... -
Law and finance: Why does legal origin matter? [Dataset]
This paper assesses empirically two theories of why legal origin influences financial development. The political channel stresses that legal traditions differ in the priority... -
Reaching out: Access to and use of banking services across countries [Dataset]
This paper is a first attempt at measuring financial sector outreach and investigating its determinants. First, we present new indicators of banking sector outreach across 99...