Chatelain, Jean-Bernard; Amable, Bruno - In: Revue Économique 46 (1995) 3, pp. 827-836
[eng] Financial systems and growth : the effects of 'short-termism. . This article compares two types of financial systems in the framework of an innovation-based endogenous growth model. In one case, the financial system is represented by a very large numer of small lenders. In another case,...