Kanas, Angelos - In: International Journal of Finance & Economics 19 (2014) 3, pp. 212-224
ABSTRACT We reveal evidence that the US aggregate bank dividends exercise a causal impact on the US real GDP growth during the period from the introduction of the Prompt Corrective Action framework in 1992 until the outburst of the subprime mortgage market crisis in 2007. Over this period, the...