growth. From the large body of research on institutional development, the paper first selects those contributions that make … by which these specific frictions affect economic growth and presents the stock of empirical evidence quantifying the … impact of institutions on growth through financial development. …

The paper evaluates the relationship between financial intermediation and the economic growth in the developing … intermediation indicator with some dimension of economic growth using three different methods, OLS (Ordinary Less Square), GLM … the financial intermediation as part of financial development is positively associated with economic growth. …

geographical location experience an increase in deposit growth in the post-shock period relative to non-affected branches. Given … lending growth depending on their indirect exposure to the booming regions via their branch network. Even tough, these results …

geographical location experience an increase in deposit growth in the post-shock period relative to non-affected branches. Given … lending growth depending on their indirect exposure to the booming regions via their branch network. Even tough, these results …

We study the process of growth and business cycles in an open economy which has access to international ¯nancial … cycle dynamics. Financial market imperfections help in replicating the empirical fact that output growth shows positive …