The objective of this paper is to examine the empirical link between banking and financial system structure and economic growth, by constructing a cross‐country regression model using data over the 1970–1988 period, for a diverse set of countries. We extend the existing literature by...

Reciprocity is reported in simple experiments even in the absence of reputation or the ability to sanction. This paper reports the results of an experiment (one-shot investment game) designed to shed light on the underlying forces that drive reciprocal behavior. We contend that reciprocity...