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Financial Markets, Specialization, and Learning by Doing
Thomas Cooley () and
Bruce D. Smith
Working Papers from Rochester, Business - Quantitative Methods Working Paper Series
Abstract:
This paper considers three questions : (1) what is the role of financial markets in development, (2) why do some economies have such poorly developed financial markets, and (3) can government policy be used to promote financial market development?
Keywords: FINANCIAL MARKET ; LEARNING ; ECONOMIC DEVELOPMENT (search for similar items in EconPapers)
JEL-codes: G18 G10 O16 (search for similar items in EconPapers)
Date: 1993
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Related works: Working Paper: Financial Markets, Specialization, and Learning by Doing (1991) Journal Article: Financial markets, specialization, and learning by doing (1998) This item may be available elsewhere in EconPapers: Search for items with the same title.
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Persistent link: http://EconPapers.repec.org/RePEc:fth:robuqm:93-01
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