Surveys on the link between financial markets and economic growth routinely cite scores of
distinct papers, 1 and yet the abundance of both theoretical and empirical research on the …

The first part of this paper reviews the literature on the relation between finance and growth.
The second part of the paper reviews the literature on the historical and policy determinants …

Society and Economy—a work of exceptional ambition by the founder of modern economic
sociology—is the first full account of Mark Granovetter's ideas about the diverse ways in …

The quality of life for ordinary Roman citizens at the height of the Roman Empire probably
was better than that of any other large group of people living before the Industrial …

ECONOMISTS HOLD startlingly different opinions regarding the importance of the financial
system for economic growth. Walter Bagehot (1873) and John Hicks (1969) argue that it …

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

The Great Divergence brings new insight to one of the classic questions of history: Why did
sustained industrial growth begin in Northwest Europe, despite surprising similarities …

This chapter begins by reviewing some of the principles. Building on these, the chapter then
discusses how social structures and social networks can affect economic outcomes like …

This paper uses our new database on bank regulation and supervision in 107 countries to
assess the relationship between specific regulatory and supervisory practices and banking …

For over a century, economists and policymakers have debated the relative merits of bank-
based versus market-based financial systems. Recent research, however, argues that …