Financial Markets, Specialization, and Learning by Doing
This paper considers three questions : (1) what is the role of financial markets in development, (2) why do some economies have such poorly developed financial markets, and (3) can government policy be used to promote financial market development?
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|Date of creation:||1991|
|Contact details of provider:|| Postal: University of Rochester, Center for Economic Research, Department of Economics, Harkness 231 Rochester, New York 14627 U.S.A.|
Other versions of this item:
- Cooley, Thomas F. & Smith, Bruce D., 1998. "Financial markets, specialization, and learning by doing," Research in Economics, Elsevier, vol. 52(4), pages 333-361, December.
- Cooley, T-F & Smith, B-D, 1993. "Financial Markets, Specialization, and Learning by Doing," Papers 93-01, Rochester, Business - Quantitative Methods Working Paper Series.
- G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
- G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
- O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
- Ahmed, S. M. & Ansari, M. I., 1998. "Financial sector development and economic growth: The South-Asian experience," Journal of Asian Economics, Elsevier, vol. 9(3), pages 503-517.
- Obstfeld, Maurice, 1994.
"Risk-Taking, Global Diversification, and Growth,"
American Economic Review,
American Economic Association, vol. 84(5), pages 1310-1329, December.
- Maurice Obstfeld, 1992. "Risk-Taking, Global Diversification, and Growth," NBER Working Papers 4093, National Bureau of Economic Research, Inc.
- Obstfeld, Maurice, 1993. "Risk-Taking, Global Diversification, and Growth," Center for International and Development Economics Research (CIDER) Working Papers 233197, University of California-Berkeley, Department of Economics.
- Maurice Obstfeld, 1992. "Risk-taking, global diversification, and growth," Discussion Paper / Institute for Empirical Macroeconomics 61, Federal Reserve Bank of Minneapolis.
- Maurice Obstfeld., 1993. "Risk-Taking, Global Diversification, and Growth," Center for International and Development Economics Research (CIDER) Working Papers C93-016, University of California at Berkeley.
- Obstfeld, Maurice, 1992. "Risk-Taking, Global Diversification, and Growth," CEPR Discussion Papers 688, C.E.P.R. Discussion Papers.
- Bose, Niloy, 2005. "Endogenous growth and the emergence of equity finance," Journal of Development Economics, Elsevier, vol. 77(1), pages 173-188, June.
- Ansari, M. I., 2002. "Impact of financial development, money, and public spending on Malaysian national income: an econometric study," Journal of Asian Economics, Elsevier, vol. 13(1), pages 72-93.
- Lucchetti, Riccardo & Papi, Luca & Zazzaro, Alberto, 2001. "Banks' Inefficiency and Economic Growth: A Micro-Macro Approach," Scottish Journal of Political Economy, Scottish Economic Society, vol. 48(4), pages 400-424, September.
- Riccardo Lucchetti & Luca Papi & Alberto Zazzaro, 2000. "Banks' inefficiency and economic growth: a micro-macro approach," Heterogeneity and monetary policy 0004, Universita di Modena e Reggio Emilia, Dipartimento di Economia Politica.
- Riccardo Lucchetti & Luca Papi & Alberto Zazzaro, 2001. "Banks´ Inefficiency and Economic Growth A Micro-Macro Approach," Development Working Papers 153, Centro Studi Luca d'Agliano, University of Milano.
- Minier, Jenny, 2009. "Opening a stock exchange," Journal of Development Economics, Elsevier, vol. 90(1), pages 135-143, September.
- Keith Blackburn & Niloy Bose & Salvatore Capasso, 2005. "Financial Development, Financing Choice and Economic Growth," Review of Development Economics, Wiley Blackwell, vol. 9(2), pages 135-149, 05.
- K Blackburn & N Bose & S Capasso, 2001. "Financial Development, Financing Choice and Economic Growth," Centre for Growth and Business Cycle Research Discussion Paper Series 07, Economics, The Univeristy of Manchester.
- Keith Blackburn & Niloy Bose & Salvatore Capasso, 2003. "Financial Development, Financing Choice and Economic Growth," CSEF Working Papers 96, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Galetovic, Alexander, 1996. "Specialization, intermediation, and growth," Journal of Monetary Economics, Elsevier, vol. 38(3), pages 549-559, December.
- Padilla, Ramón & Fenton Ontañon, Rodrigo, 2013. "Commercial bank financing for micro-enterprises and SMEs in Mexico," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
- Andrea Schertler, 2002. "Path Dependencies in Venture Capital Markets," Kiel Working Papers 1120, Kiel Institute for the World Economy.
- Baochun Peng, 2000. "How Well Does the Market Allocate Entrepreneurs?," CRIEFF Discussion Papers 0025, Centre for Research into Industry, Enterprise, Finance and the Firm.
- Schertler, Andrea, 2002. "Path dependencies in venture capital markets," Kiel Working Papers 1120, Kiel Institute for the World Economy (IfW).
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