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Does financial crisis change the relationship between bank development and economic growth? Evidence from US states

This paper investigates the causal relationship between bank development and economic growth in the US before and after the financial crisis in 2008. Based on the quarterly panel data of US states for 2002Q1-2012Q4, this paper uses two-step system GMM method to test the long-term and short-term impa...

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Detalles Bibliográficos
Autores principales: Li, Fang, Zhang, Sheng
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9022848/
https://www.ncbi.nlm.nih.gov/pubmed/35446878
http://dx.doi.org/10.1371/journal.pone.0267394