Caporale, Guglielmo Maria; Rault, Christophe; Sova, … - In: International Journal of Finance & Economics 20 (2015) 1, pp. 48-60
This paper reviews the main features of the banking and financial sector in 10 new European Union members, and then examines the relationship between financial development and economic growth in these countries by estimating a dynamic panel model over the period 1994–2007. The evidence...