Financial Structure, Investment and Growth in OECD Countries
AbstractThis paper examines investment behavior at the aggregate level, for a panel of 24 OECD countries over the period 1964-92. Defining two groups of countries as having German-type or Anglo-Saxon type financial systems, we estimate cross section time series panel relationships for each group of countries between investment, bank credit and stock market valuation.
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Bibliographic InfoPaper provided by American Institute for Contemporary German Studies- in its series Papers with number 21.
Length: 31 pages
Date of creation: 1997
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- E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
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