Financial Markets, Specialization, and Learning by Doing

Thomas Cooley and Bruce 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: G10 G18 O16 (search for similar items in EconPapers)
Pages: 29 pages
Date: 1993
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Related works:
Journal Article: Financial markets, specialization, and learning by doing (1998)
Working Paper: Financial Markets, Specialization, and Learning by Doing (1991)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:robuqm:93-01

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