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Autor:innen: 
Erscheinungsjahr: 
2006
Schriftenreihe/Nr.: 
WIDER Research Paper No. 2006/102
Verlag: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Zusammenfassung: 
Since the 1990s economists have devoted considerable attention to the study of the relationship between financial markets development and economic growth. In particular, the emergence of stock markets with economic development is an intriguing and interesting aspect of such a relationship, and yet relatively unexplored. This paper examines the most recent findings in the theoretical and empirical literature trying to determine the rationale behind the development of stock markets along the path of growth and the nature of the interrelationship between real and financial variables.
Schlagwörter: 
financial markets development
economic growth
economic development
stock markets development
JEL: 
O16
O40
G10
ISBN: 
929190886X
Dokumentart: 
Working Paper

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