Dufrenot, Gilles; Mignon, Valerie; Peguin-Feissolle, Anne - In: Economics Bulletin 30 (2010) 3, pp. 1794-1807
We revisit the evidence of the existence of a long-run link between financial intermediation and economic growth, by testing of cointegration between the growth rate of real GDP, control variables and three series reflecting financial intermediation. We consider a model with a factor structure...
