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financing and have received large capital inflows. Using bank-level micro data, this paper finds that capital inflows have been … associated with financial deepening through increases in bank loans, deposits, and wholesale funding. Domestic banks increase …
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The long-held truism that finance is always good for growth has been called into question by the global financial crisis. This article examines new evidence on the finance-growth nexus from a European perspective. More specifically, it compares the approach of many CESEE countries - i.e....
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