What Type of Finance Matters for Growth?: Bayesian Model Averaging Evidence

We examine the effect of finance on long-term economic growth using Bayesian model averaging to address model uncertainty in cross-country growth regressions. The literature largely focuses on financial indicators that assess the financial depth of banks and stock markets. We examine these indicator...

Full description

Saved in:
Bibliographic Details
Published in:The World Bank economic review 2018-06, Vol.32 (2), p.383-409
Main Authors: Hasan, Iftekhar, Horvath, Roman, Mares, Jan
Format: Article
Language:English
Subjects:
BANKING
BAYESIAN MODEL
BOND MARKET
FINANCIAL INTERMEDIATION
FINANCIAL MARKETS
PRIVATE SECTOR
STOCK MARKETS
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!