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Firm Dynamics and Financial Development

  • Yan Bai

    (Arizona State University)

  • Jing Zhang

    (University of Michigan)

  • Cristina Arellano

    (University of Minnesota)

show that financial development can rationalize the difference in growth rates between firms of different sizes across countries.

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Paper provided by Society for Economic Dynamics in its series 2009 Meeting Papers with number 152.

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Date of creation: 2009
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Handle: RePEc:red:sed009:152
Contact details of provider: Postal: Society for Economic Dynamics Christian Zimmermann Economic Research Federal Reserve Bank of St. Louis PO Box 442 St. Louis MO 63166-0442 USA
Fax: 1-314-444-8731
Web page: http://www.EconomicDynamics.org/society.htm
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