Contents: Part I Theory and evidence on finance and growth -- 1. Financial development and innovation-led growth / Phillippe Aghion, Peter Howitt and Ross Levine -- 2. Financial structure, economic growth and development / Franklin Allen, Xian Gu and Oskar Kowalewski -- 3. Evidence on finance...

"Policymakers and economists disagree about the impact of bank regulations on the distribution of income. Exploiting cross-state and cross-time variation, we test whether liberalizing restrictions on intra-state branching in the United States intensified, ameliorated, or had no effect on income...