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May 1, 1990731 citationsOpen Access

Financial Development, Growth, and the Distribution of Income

JGJeremy GreenwoodNational Bureau of Economic Research BJBoyan JovanovicNew York University

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A paradigm is presented where both the extent of financial intermediation and the rate of economic growth are endogenously determined.

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Greenwood et al. (Tue,) studied this question.

synapsesocial.com/papers/6a10bd46ba20d9a181ee3bbb https://doi.org/https://doi.org/10.21034/wp.446

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Financial Development, Growth, and the Distribution of Income | Synapse