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"Economic Growth and Financial Depth: Is the Relationship Extinct Already?"

Rousseau, Peter L. et al.
NYU Faculty Digital Archive · Papers
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robustness
Although the finance-growth nexus has become firmly entrenched in the empirical literature, studies that question the strength of the empirical results have appeared and seem to have become more frequent as well. In this paper we reexamine the core crosscountry panel results that established the rel
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