Stock markets and growth<p></p></P>
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Introductory reading<p></p></P>
Demirguc-Kunt, Asli and Levine, Ross (1996). Stock markets, corporate finance, and economic growth: an overview. World Bank Economic Review, 10(2), May, 223-239. <p></p></P>
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!!!!Levine, Ross (1996). Stock markets: a spur to economic growth. Finance and Development, 33(1), March, 7-10. <p></p></P>
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!!!!Levine, Ross (1997). Financial development and economic growth: views and agenda. Journal of Economic Literature, 35(2), June, 688-726. <p></p></P>
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Further reading<p></p></P>
Acemoglu, D. and Zilibotti, F. (1996). Agency costs in the process of development. MIT working paper 96-8. <p></p></P>
Atje, R. and Jovanovic, B. (1993). Stock markets and development. European Economic Review, 37, 632-640. <p></p></P>
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Bencivenga, V. R., Smith, B. D. and Starr, R. M. (1996). Equity markets, transaction costs, and capital accumulation: an illustration. World Bank Economic Review, 10(2), May, 241-265. <p></p></P>
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Boyd, J. H. and Smith, B. D. (1996). The co-evolution of the real and financial sectors in the growth process. World Bank Economic Review, 10(2), May, 371-396. <p></p></P>
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Filer, Randall K., Hanousek, Jan and Campos, Nauro (1999). Do stock markets promote economic growth? William Davidson Institute Working Paper no. 267, University of Michigan, September. <p></p></P>
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Demirguc-Kunt, Asli and Levine, Ross (1996). Stock market development and financial intermediaries: stylized facts. World Bank Economic Review, 10(2), May, 291-321. <p></p></P>
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Demirguc-Kunt, Asli and Maksimovic, Vojislav (1996). Stock market development and financing choices of firms. World Bank Economic Review, 10(2), May, 341-369. <p></p></P>
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Demirguc-Kunt, Asli and Maksimovic, Vojislav (1996). Stock market development and corporate finance decisions. Finance and Development, 33(2), June, 47-49. <p></p></P>
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Demirguc-Kunt, Asli and Maksimovic, Vojislav (1998). Institutions, financial markets and firm debt Forthcoming, Journal of Financial Economics. <p></p></P>
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Demirguc-Kunt, Asli and Maksimovic, Vojislav (1998). Law, finance, and firm growth Forthcoming, Journal of Finance. <p></p></P>
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Korajczyk, R. A. (1996). A measure of stock market integration for developed and emerging markets. World Bank Economic Review, 10, 267-289. <p></p></P>
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Levine, Ross (1991). Stock markets, growth and tax policy. Journal of Finance, 46(4), September, 1445-1465. <p></p></P>
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Levine, Ross and Zervos, Sara (1996). Stock market development and long-run growth. World Bank Economic Review, 10(2), May, 323-339. <p></p></P>
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Levine, Ross and Zervos, S. (1998). Stock markets, banks, and economic growth. American Economic Review, 88, 537-558. <p></p></P>
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