Cross Sectional Analysis of Financial Development on Economic Growth
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Author(s)
Carmack, Jeremy
Krishnam, Hari
Zhou, Haidan
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Abstract
Substantial amount of recent theoretical and empirical work is focused on the role that financial market
plays in economic growth. This paper provides a crosssectional
review on the relationship of financial
development and economic growth. Although the result indicates that the influence of financial
development on economic growth is positive, the level of effect varies on each indicator of financial
development.
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Date
2015-11
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Text
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Undergraduate Research Paper