Are Crises Good for Long-Term Growth? The Role of Political Institutions

By Alberto Cavallo, Eduardo A. Cavallo. 2010

1,087 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/f6d9d141e34044a6dd619bf4a9a3f38bd6b841a9

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Citations in the corpus

Behavioral factors influencing individual investors´ decision-making and performance. : A survey at the Ho Chi Minh Stock Exchange (2011, background): “Besides, stock market promotes the acquisition of firms’ information, from which investors may benefit before the information is spread widely and prices change (Levine & Zervos, 1996, p.327).”
Does financial development cause economic growth? Implication for policy in Korea (2008, background): “4 Levine recognizes that cross-country regression suffers from ‘measurement, statistical, and conceptual problems’ and cross-country regressions do not resolve the issue of causality (Levine & Zervos, 1996, p. 325).”
Financial development, institutional investors, and economic growth (2017, background): “The latter indicator isolates credit issued by banks (vs. the central bank) and that issued to enterprises (vs. governments; Levine & Zervos, 1996).”
Causal nexus between economic growth, banking sector development, stock market development, and other macroeconomic variables: The case of ASEAN countries (2014, background): “Such policies are expected to promote economic growth, among other things, through the enhanced mobilization of savings and increases in domestic and foreign investment (King & Levine, 1993a; Levine & Zervos, 1996; Masih & Masih, 1999; Reinhart & Tokatlidis, 2003; Thornton, 1994).”
Stock market performance and economic growth Empirical Evidence from Kenya using Causality Test Approach (2011, background): “Such studies include Demirguc-Kunt and Levine [16]; Levine and Zervos [38].”
Appraisal of Capital Market Efficiency on Economic Growth in Nigeria (2009, background): “Levine and Servos (1996) postulated a strong positive relationship between stock market development and long-run economic growth.”
Filling institutional voids in emerging economies: The impact of capital market development and business groups on M&A deal abandonment (2016, background): “Studies in development economics have shown an association between developed capital markets and riskdiversifying systems, which induce investors to finance large projects with long-term pay-offs (e.g., Levine & Zervos, 1996).”
Same Financial Development yet Different Economic Growth--Why? (2006, background): “Levine and Zervos (1996) empirically evaluated the relationship between stock market development and growth.”