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The legal environment, banks, and long-run economic growth

Levine, Ross; Ahmed, Shaghil - In: Journal of money, credit and banking : JMCB 30 (1998) 3, pp. 598-613

Persistent link: https://www.econbiz.de/10001338585

The Legal Environment, Banks, and Long-Run Economic Growth

Levine, Ross - 1998

through to long-run rates of per capita GDP growth, capital stock growth, and productivity growth. The data indicate that … associated with per capita growth, physical capital accumulation, and productivity growth …

Persistent link: https://www.econbiz.de/10014059369

Liberty for More: Finance and Educational Opportunities

Levine, Ross; Rubinstein, Yona - National Bureau of Economic Research (NBER) - 2013

Banking reforms--that reduced interest rates--boosted college enrollment rates among able students from middle class families. We define "able" students as those with learning aptitude scores in the top two-thirds of the U.S. population. We define "middle class" as families in which both parents...

Persistent link: https://www.econbiz.de/10010951111

Local Financial Structure and Economic Resilience

Levine, Ross; Lin, Chen; Xie, Wensi - 2020

-frequency, U.S. county-level data on employment, small business revenue, and COVID-19 cases, we discover that employment …, especially the employment of low-income workers, and the revenues of small firms fall by less in response to local COVID-19 cases … firms following an adverse shock, with positive repercussions on employment …

Persistent link: https://www.econbiz.de/10014351919

Finance, growth, and inequality

Levine, Ross - 2021

Finance and growth emerged as a distinct field of economics during the last three decades as economists integrated the fields of finance and economic growth and then explored the ramifications of the functioning of financial systems on economic growth, income distribution, and poverty. In this...