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Is there "too much finance" in central and eastern european countries?
2020
Argumenta Oeconomica
In this paper, the parameters of the growth regression, including different variables measuring the degree of financial development for the Central and Eastern European countries are estimated. Next, the optimal values of specific variables measuring the level of financial development are calculated. The results of the empirical investigation indicate that countries with more stable financial markets and institutions and greater access to them grew faster in the period 2001-2015. The results
doi:10.15611/aoe.2020.2.01
fatcat:q4o54jylwngzjp66ku3tdna4xa