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In Defense of Wall Street: The Social Productivity of the Financial System

In: The Role of Central Banks in Financial Stability How Has It Changed?

Author

Listed:
  • Ross Levine

    (Haas School of Business at University of California-Berkeley, Milken Institute, and National Bureau of Economic Research, USA)

Abstract

The following sections are included:IntroductionFinance and Growth, Inequality, and PovertyBanks, growth, inequality, and the poorCross-country evidenceU.S. evidence on finance, growth, inequality, and the poorBanks, markets, and growthFinancial Innovation and GrowthConclusionsReferences

Suggested Citation

  • Ross Levine, 2013. "In Defense of Wall Street: The Social Productivity of the Financial System," World Scientific Book Chapters, in: Douglas D Evanoff & Cornelia Holthausen & George G Kaufman & Manfred Kremer (ed.), The Role of Central Banks in Financial Stability How Has It Changed?, chapter 13, pages 257-279, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814449922_0013
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