Papaioannou, Elias (contributor) - 2007
College, Economics Department, Hanover, NH 03755, USA; e-mail: papaioannou.elias@gmail.com
© European Central Bank, 2007 … France
and Italy. These studies fit in a recent trend in development economics to exploit quasi-natural
(policy) experiments … research wanted to first identify the long-run effects of fi-
nancial development departing from short-term business cycle …