内容提要: 处于一定发展阶段的经济体的要素禀赋结构决定了该经济体的最优产业结构,
具有自生能力的企业的规模特征和风险特性, 从而形成对金融服务的特定需求. 另一方面 …

The essay considers the claim that slavery played a leading role in the acceleration of US
economic growth in the nineteenth century. Although popular among pro-slavery apologists …

In the century after the Civil War, an economic revolution improved the American standard of
living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air …

Adopting a new approach to historical data, Peter H Lindert and Jeffrey G Williamson have
charted the history of American incomes‐and income inequality‐since colonial times. Here …

This chapter reviews different econometric methodologies to assess the relationship
between financial development and growth. It illustrates the identification problem, which is …

This paper reviews, appraises, and critiques theoretical and empirical research on the
connections between the operation of the financial system and economic growth. While …

We show that equity market liberalizations, on average, lead to a 1% increase in annual real
economic growth. The effect is robust to alternative definitions of liberalization and does not …

Using data from 286 Chinese cities over the period 2001–2006, this paper investigates the
relationship between financial development and economic growth at the city level in China …

One of the central questions of comparative po liti cal economy is why there is so much more
poverty in the United States than in any other developed country. In any way that we can …

Emerging markets have long posed a challenge for finance. Standard models are often ill
suited to deal with the specific circumstances arising in these markets. However, the interest …