TAILIEUCHUNG - Stock Markets, Banks, and Economic Growth

Stock Markets, Banks, and Economic Growth Ross Levine; Sara Zervos The American Economic Review, Vol. 88, No. 3. (Jun., 1998), pp. 537-558. Stable URL: The American Economic Review is currently published by American Economic Association. Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at . JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your personal, non-commercial use. Please. | Stock Markets Banks and Economic Growth Ross Levine Sara Zervos The American Economic Review Vol. 88 No. 3. Jun. 1998 pp. 537-558. Stable URL ht1p sici sici 0002-8282 28199806 2988 3A3 3C537 3ASMBAEG 3B2-9 The American Economic Review is currently published by American Economic Association. Your use of the JSTOR archive indicates your acceptance of JSTOR s Terms and Conditions of Use available at http about . JSTOR s Terms and Conditions of Use provides in part that unless you have obtained prior permission you may not download an entire issue of a journal or multiple copies of articles and you may use content in the JSTOR archive only for your personal non-commercial use. Please contact the publisher regarding any further use of this work. Publisher contact information may be obtained at http journals . Each copy of any part of a JSTOR transmission must contain the same copyright notice that appears on the screen or printed page of such transmission. The JSTOR Archive is a trusted digital repository providing for long-term preservation and access to leading academic journals and scholarly literature from around the world. The Archive is supported by libraries scholarly societies publishers and foundations. It is an initiative of JSTOR a not-for-profit organization with a mission to help the scholarly community take advantage of advances in technology. For more information regarding JSTOR please contact support@. http TueFeb 19 03 43 10 2008 Stock Markets Banks and Economic Growth By Ross Levine and Sara Zervos Do well-functioning stock markets and banks promote long-run economic growth This paper shows that stock market liquidity and banking development both positively predict growth capital accumulation and productivity improvements when entered together in regressions even after controlling for economic and political factors. The results are consistent with the views .

• Ngân hàng - Tín dụng
• Stock Markets
• Banks
• Economic Growth
• banking development
• growth indicators
• stock
• Stock holding decisions of foreign investors in emerging stock markets
• Foreign investors in emerging stock markets
• A case study in Vietnam
• Vietnam stock market
• The behavior of foreign investors
• Financial markets
• Lecture Financial markets
• Thị trường tài chính
• Stock valuation and risk
• Stock risk
• Stock valuation methods
• Economics 252
• Monetary policy
• Stock index
• Futures markets
• Emerging markets
• Volatility effect
• United states
• Emerging stock markets
• Developed markets
• Common Stock Valuation
• Features of Common Stock
• Features of Preferred Stock
• The Stock Markets
• Bond and Stock Differences
• Stock offerings
• Investor monitoring
• Secondary stock offerings
• Stock market booms
• Stock market
• The day of the week effect
• Return and volatility
• Turkish stock markets
• Volatility in the Turkish stock markets
• Empirical findings obtained
• Financial institutions
• Lecture Financial markets and institutions
• Financial institutions markets
• Common stock
• Chinas stock markets
• Stochastic volatility
• Stable Lorentz distribution
• Transition probability distribution
• Distributions of stock returns
• Price innovation
• Market linkages
• Central and Eastern Europe
• Evidence from CEE stock markets
• Panel data
• Stock market total value traded
• Tax revenue
• Stock markets and tax revenue
• Oil price shocks
• Stock market returns
• G7 stock markets
• Oil price and stock market
• US stock market returns
• Options markets
• Stock options
• Option premiums
• Multivariate GARCH
• Oil price
• Volatility spillover
• Stock markets in G7 countries
• Risk management
• Statistical analysis
• Foreign direct investments
• Main african stock exchanges markets
• Theoretical framework
• Money markets
• Capital markets
• Financial system
• Central banks
• Determinants of stock arket
• Development in southeast Asian countries
• Southeast asian countries
• Stock market development
• Asian stock markets
• Panel data analysis
• Accounting standards
• Financial statement
• Stock exchange
• Joint stock companies
• Vietnam’s accounting standards
• International financial reporting standards
• Indian stock markets
• BSE several statistical tests
• Stock Volatility in Top Industries
• He modelling of stock market volatility
• Measure of risk
• Oil prices
• Gold market
• Exchange rate
• Evidence from Pakistan stock exchange