메뉴 건너뛰기




Volumn 21, Issue 1, 1997, Pages 145-181

Financial markets in development, and the development of financial markets

Author keywords

Development; Efficiency; Markets

Indexed keywords


EID: 0030636852     PISSN: 01651889     EISSN: None     Source Type: Journal    
DOI: 10.1016/0165-1889(95)00928-0     Document Type: Article
Times cited : (472)

References (42)
  • 3
    • 2542640526 scopus 로고
    • Financial intermediation and endogenous growth
    • Bencivenga, Valerie R. and Bruce D. Smith, 1991, Financial intermediation and endogenous growth, Review of Economic Studies 58, 195-209.
    • (1991) Review of Economic Studies , vol.58 , pp. 195-209
    • Bencivenga, V.R.1    Smith, B.D.2
  • 4
    • 0001380838 scopus 로고
    • Deficits, inflation, and the banking system in developing countries: The optimal degree of financial repression
    • Bencivenga, Valerie R. and Bruce D. Smith. 1992, Deficits, inflation, and the banking system in developing countries: The optimal degree of financial repression, Oxford Economic Papers 44, 767-790.
    • (1992) Oxford Economic Papers , vol.44 , pp. 767-790
    • Bencivenga, V.R.1    Smith, B.D.2
  • 5
    • 0030306220 scopus 로고    scopus 로고
    • Liquidity of secondary capital markets: Allocative efficiency and the maturity composition of the capital stock
    • Bencivenga, Valerie R., Bruce D. Smith, and Ross M. Starr, 1996. Liquidity of secondary capital markets: Allocative efficiency and the maturity composition of the capital stock. Economic Theory 7, 19-50.
    • (1996) Economic Theory , vol.7 , pp. 19-50
    • Bencivenga, V.R.1    Smith, B.D.2    Starr, R.M.3
  • 11
    • 0001247474 scopus 로고
    • International risk sharing and economic growth
    • Devereux, Michael B. and Gregor W. Smith. 1994, International risk sharing and economic growth, International Economic Review 35, 535-550.
    • (1994) International Economic Review , vol.35 , pp. 535-550
    • Devereux, M.B.1    Smith, G.W.2
  • 12
    • 47749120440 scopus 로고
    • Financial intermediation and delegated monitoring
    • Diamond, Douglas. 1984, Financial intermediation and delegated monitoring, Review of Economic Studies 51, 393-414.
    • (1984) Review of Economic Studies , vol.51 , pp. 393-414
    • Diamond, D.1
  • 13
    • 0000004084 scopus 로고
    • Bank runs, deposit insurance, and liquidity
    • Diamond, Douglas and Philip Dybvig. 1983, Bank runs, deposit insurance. and liquidity. Journal of Political Economy 85, 191-206.
    • (1983) Journal of Political Economy , vol.85 , pp. 191-206
    • Diamond, D.1    Dybvig, P.2
  • 14
    • 0000990327 scopus 로고
    • National debt in a neoclassical growth model
    • Diamond, Peter A., 1965, National debt in a neoclassical growth model, American Economic Review, 1126-1150.
    • (1965) American Economic Review , pp. 1126-1150
    • Diamond, P.A.1
  • 15
    • 0001439762 scopus 로고
    • Demand management in search equilibrium
    • Diamond,Peter A., 1982, Demand management in search equilibrium, Journal of Political Economy 90, 881-894.
    • (1982) Journal of Political Economy , vol.90 , pp. 881-894
    • Diamond, P.A.1
  • 19
    • 0001168646 scopus 로고
    • Financial development, growth, and the distribution of income
    • Greenwood, Jeremy and Boyan Jovanovic, 1990, Financial development, growth. and the distribution of income. Journal of Political Economy 98, 1076-1107.
    • (1990) Journal of Political Economy , vol.98 , pp. 1076-1107
    • Greenwood, J.1    Jovanovic, B.2
  • 21
    • 0001890633 scopus 로고
    • Demand deposits, trading restrictions, and risk sharing
    • Edward C. Prescott and Neil Wallace, eds., (University of Minnesota Press, Minneapolis, MN)
    • Jacklin, Charles J., 1987, Demand deposits, trading restrictions, and risk sharing, in: Edward C. Prescott and Neil Wallace, eds., Contractual arrangements for intertemporal trade (University of Minnesota Press, Minneapolis, MN).
    • (1987) Contractual Arrangements for Intertemporal Trade
    • Jacklin, C.J.1
  • 22
    • 84934349172 scopus 로고
    • Distinguishing panics and information-based bank runs: Welfare and policy implications
    • Jacklm, Charles J. and Sudipto Bhattacharya. 1988. Distinguishing panics and information-based bank runs: Welfare and policy implications, Journal of Political Economy 96, 568-592.
    • (1988) Journal of Political Economy , vol.96 , pp. 568-592
    • Jacklin, C.J.1    Bhattacharya, S.2
  • 23
    • 84936407041 scopus 로고
    • A convex model of equilibrium growth: Theory and policy implications
    • Jones, Larry E. and Rodolfo Manuelli, 1990, A convex model of equilibrium growth: Theory and policy implications, Journal of Political Economy 98, 1008-1038.
    • (1990) Journal of Political Economy , vol.98 , pp. 1008-1038
    • Jones, L.E.1    Manuelli, R.2
  • 24
    • 0022852371 scopus 로고
    • Financial development and economic growth: International evidence
    • Jung. Woo S., 1986, Financial development and economic growth: International evidence, Economic Development and Cultural Change 34, 333-346.
    • (1986) Economic Development and Cultural Change , vol.34 , pp. 333-346
    • Jung, W.S.1
  • 27
    • 34248645054 scopus 로고
    • Finance, entrepreneurship, and growth: Theory and evidence
    • King, Robert G. and Ross Levine, 1993, Finance, entrepreneurship. and growth: Theory and evidence, Journal of Monetary Economics 32, 513-542.
    • (1993) Journal of Monetary Economics , vol.32 , pp. 513-542
    • King, R.G.1    Levine, R.2
  • 29
    • 49049137694 scopus 로고
    • The order of economic liberalization: Lessons from Chile and Argentina
    • McKinnon, Ronald I., 1982, The order of economic liberalization: Lessons from Chile and Argentina, Carnegie-Rochester Conference Series on Public Policy 17, 159-186.
    • (1982) Carnegie-Rochester Conference Series on Public Policy , vol.17 , pp. 159-186
    • McKinnon, R.I.1
  • 30
    • 84980122450 scopus 로고
    • Welfare economics and existence of an equilibrium for a competitive economy
    • Negishi, Takoshi, 1960, Welfare economics and existence of an equilibrium for a competitive economy, Metroeconomica 12, 92-97.
    • (1960) Metroeconomica , vol.12 , pp. 92-97
    • Negishi, T.1
  • 32
    • 0028560106 scopus 로고
    • Risk-taking, global diversification, and growth
    • Obstfeld, Maurice, 1994, Risk-taking, global diversification. and growth, American Economic Review 84, 1310-1329.
    • (1994) American Economic Review , vol.84 , pp. 1310-1329
    • Obstfeld, M.1
  • 33
    • 0000370145 scopus 로고
    • Endogenous market thinness and stock price volatility
    • Pagano. Marco, 1989, Endogenous market thinness and stock price volatility, Review of Economic Studies 56, 269-288.
    • (1989) Review of Economic Studies , vol.56 , pp. 269-288
    • Pagano, M.1
  • 34
    • 0010856351 scopus 로고
    • Technology adoption and the mechanics of economic development
    • Alex, Cukierman, Zvi Hercowitz, and Leonardo Leiderman, eds., (MIT Press, Cambridge, MA)
    • Parente, Stephen L. and Edward C. Prescott, 1992, Technology adoption and the mechanics of economic development, in: Alex, Cukierman, Zvi Hercowitz, and Leonardo Leiderman, eds., Political economy, growth, and business cycles (MIT Press, Cambridge, MA).
    • (1992) Political Economy, Growth, and Business Cycles
    • Parente, S.L.1    Prescott, E.C.2
  • 35
    • 0000905673 scopus 로고
    • Financial development and economic growth in underdeveloped countries
    • Patrick. Hugh T., 1966, Financial development and economic growth in underdeveloped countries, Economic Development and Cultural Change 14, 174-189.
    • (1966) Economic Development and Cultural Change , vol.14 , pp. 174-189
    • Patrick, H.T.1
  • 36
    • 85017030502 scopus 로고
    • Long-run policy analysis and long-run growth
    • Rebelo, Sergio, 1991, Long-run policy analysis and long-run growth. Journal of Political Economy 99, 500-521.
    • (1991) Journal of Political Economy , vol.99 , pp. 500-521
    • Rebelo, S.1
  • 39
    • 38249022394 scopus 로고
    • Insurance and economic growth
    • Taub, Bart, 1989, Insurance and economic growth, Journal of Public Economics 38, 249-264.
    • (1989) Journal of Public Economics , vol.38 , pp. 249-264
    • Taub, B.1
  • 40
    • 84959836870 scopus 로고
    • Intermediation with costly bilateral exchange
    • Townsend, Robert M., 1978, Intermediation with costly bilateral exchange, Review of Economic Studies 45, 417-425.
    • (1978) Review of Economic Studies , vol.45 , pp. 417-425
    • Townsend, R.M.1
  • 41
    • 0009424011 scopus 로고
    • Optimal contracts and competitive markets with costly state verification
    • Townsend, Robert M., 1979, Optimal contracts and competitive markets with costly state verification, Journal of Economic Theory 21, 265-293.
    • (1979) Journal of Economic Theory , vol.21 , pp. 265-293
    • Townsend, R.M.1
  • 42
    • 46149128200 scopus 로고
    • Costly monitoring, financial intermediation, and equilibrium credit rationing
    • Williamson, Stephen D., 1986, Costly monitoring, financial intermediation, and equilibrium credit rationing, Journal of Monetary Economics 18, 159-179.
    • (1986) Journal of Monetary Economics , vol.18 , pp. 159-179
    • Williamson, S.D.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.