MARC Record from Scriblio

LEADER: 01860cam 22003137a 4500
001 2005615512
003 DLC
005 20050114143344.0
007 cr |||||||||||
008 050114s2004 mau sb 000 0 eng
010 $a 2005615512
040 $aDLC$cDLC
050 00 $aHB1
100 1 $aLevine, Ross.
245 10 $aFinance and growth$h[electronic resource] :$btheory and evidence /$cRoss Levine.
260 $aCambridge, MA :$bNational Bureau of Economic Research,$cc2004.
490 1 $aNBER working paper series ;$vworking paper 10766
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 1/14/2005.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the operation of the financial system and economic growth. While subject to ample qualifications and countervailing views, the preponderance of evidence suggests that both financial intermediaries and markets matter for growth and that reverse causality alone is not driving this relationship. Furthermore, theory and evidence imply that better developed financial systems ease external financing constraints facing firms, which illuminates one mechanism through which financial development influences economic growth. The paper highlights many areas needing additional research"--National Bureau of Economic Research web site.
650 0 $aFinance.
650 0 $aEconomic development.
650 0 $aFinancial institutions.
710 2 $aNational Bureau of Economic Research.
830 0 $aWorking paper series (National Bureau of Economic Research : Online) ;$vworking paper no. 10766.
856 40 $uhttp://papers.nber.org/papers/W10766