Fink, Gerhard; Haiss, Peter R.; Hristoforova, Sirma - 2007
the aggregate bond market development and economic growth in the USA, Japan, Germany, Great Britain, Italy, France and the …We use annual real GDP and the volume of the bond, stock and credit markets to assess the causal relationship between … markets, with few exceptions. Partially due to data availability problems, the impact of bond markets on economic growth has …