Cheng, Su-Yin; Hou, Han; Ho, Chia-Cheng; Westerlund, Joakim - In: Applied Economics Letters 18 (2011) 11, pp. 1021-1028
This article uses panel data from 1976 to 2003 to investigate the ways in which banking and stock markets influence economic growth in situations of high and low country risk. The mean and Standard Deviation (SD) of country risk are adopted to classify 28 countries into Low Risk Low Volatility...