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Valerie R. Bencivenga

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Valerie Bencivenga & Elisabeth Huybens & Bruce D. Smith, 1997. "What to Stabilize in the Open Economy?: Some Notes on a Problem of Keynes," Working Papers 9709, Centro de Investigacion Economica, ITAM.

    Cited by:

    1. Michael Kumhof, 2000. "A Critical View of Inflation Targeting: Crises, Limited Sustainability, and Aggregate Shocks," Working Papers 00022, Stanford University, Department of Economics.

  2. Valerie R. Bencivenga & Bruce Smith, 1995. "Unemployment, migration, and growth," Working Papers 561, Federal Reserve Bank of Minneapolis.

    Cited by:

    1. Luca Marchiori & Ingmar Schumacher, 2009. "When nature rebels: international migration, climate change and inequality," Working Papers hal-00358759, HAL.
    2. Bhattacharya, Joydeep & Chakraborty, Shankha, 2005. "What do Information Frictions do?," ISU General Staff Papers 200510010700001265, Iowa State University, Department of Economics.
    3. Salvatore Capasso & Maria Rosario Carillo & Rita De Siano, 2012. "Migration Flows, Structural Change And Growth Convergence: A Panel Data Analysis Of The Italian Regions," Manchester School, University of Manchester, vol. 80(4), pages 468-498, July.
    4. Temple, Jonathan & Satchi, Mathan, 2006. "Growth and Labour Markets in Developing Countries," CEPR Discussion Papers 5515, C.E.P.R. Discussion Papers.
    5. Noritaka Kudoh, 2007. "Unemployment Policies In An Economy With Adverse Selection," Bulletin of Economic Research, Wiley Blackwell, vol. 59(2), pages 179-196, April.
    6. Holger Breinlich & Gianmarco I. P. Ottaviano & Jonathan R. W. Temple, 2013. "Regional Growth and Regional Decline," CEP Discussion Papers dp1232, Centre for Economic Performance, LSE.
    7. Yamauchi, Futoshi, 2003. "Are experience and schooling complementary?," FCND briefs 166, International Food Policy Research Institute (IFPRI).
    8. Rendon, Silvio & Cuecuecha, Alfredo, 2007. "International Job Search: Mexicans In and Out of the US," IZA Discussion Papers 3219, Institute of Labor Economics (IZA).
    9. Temple, Jonathan & Wößmann, Ludger, 2006. "Dualism and cross-country growth regressions," Munich Reprints in Economics 19619, University of Munich, Department of Economics.
    10. Vincenzo Lombardo, 2008. "Dual Economy Models: A Primer for…Growth, Income Distribution and Poverty Analysis," Working Papers 12_2008, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
    11. S.M. Turab Hussain, 2005. "Rural to Urban Migration and Network Effects in an Extended Family Framework," Microeconomics Working Papers 22257, East Asian Bureau of Economic Research.
    12. Berliant, Marcus & Kung, Fan-chin, 2010. "Can Information Asymmetry Cause Stratification?," MPRA Paper 21395, University Library of Munich, Germany.
    13. Sergio Vergalli, 2008. "The Role of Community in Migration Dynamics," LABOUR, CEIS, vol. 22(3), pages 547-567, September.
    14. Vincenzo Lombardo, 2012. "Modern foundations of dual economy models," Discussion Papers 8_2012, CRISEI, University of Naples "Parthenope", Italy.
    15. W.A. NaudÈ & W.F. Krugell, 2003. "An Inquiry into Cities and their Role in Subnational Economic Growth in South Africa," Journal of African Economies, Centre for the Study of African Economies, vol. 12(4), pages 476-499, December.
    16. Mark G. Guzman & Joseph H. Haslag & Pia M. Orrenius, 2002. "Coyote crossings: the role of smugglers in illegal immigration and border enforcement," Working Papers 0201, Federal Reserve Bank of Dallas.
    17. Sergio Vergalli, 2006. "Dynamics in Immigration Community," Working Papers ubs0613, University of Brescia, Department of Economics.
    18. Duffy, John & Papageorgiou, Chris, 2000. "A Cross-Country Empirical Investigation of the Aggregate Production Function Specification," Journal of Economic Growth, Springer, vol. 5(1), pages 87-120, March.
    19. Wei-Bin Zhang, 2008. "A Two-Sector Growth Model with Endogenous Human Capital and Amenities," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 6(2), pages 95-116.
    20. Prabir C. Bhattacharya, 1998. "Migration, employment and development: a three-sector analysis," Journal of International Development, John Wiley & Sons, Ltd., vol. 10(7), pages 899-921.
    21. Donald S. Allen & Leonce Ndikumana, 1999. "Income inequality and minimum consumption: implications for growth," Working Papers 1999-013, Federal Reserve Bank of St. Louis.
    22. Haiwen Zhou, 2015. "Unemployment and Economic Integration for Developing Countries," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, vol. 10(4), pages 664-690, December.
    23. Lall, Somik V. & Selod, Harris & Shalizi, Zmarak, 2006. "Rural-urban migration in developing countries : a survey of theoretical predictions and empirical findings," Policy Research Working Paper Series 3915, The World Bank.
    24. Liam Brunt & Cecilia García-Peñalosa, 2022. "Urbanisation and the Onset of Modern Economic Growth," The Economic Journal, Royal Economic Society, vol. 132(642), pages 512-545.
    25. Stephen Drinkwater & Paul Levine & Emanuela Lotti & Joseph Pearlman, 2003. "The Economic Impact of Migration: A Survey," School of Economics Discussion Papers 0103, School of Economics, University of Surrey.
    26. Chul-In Lee, 2015. "Agglomeration, search frictions and growth of cities in developing economies," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 55(2), pages 421-451, December.
    27. Faini, Riccardo, 1999. "Trade unions and regional development," European Economic Review, Elsevier, vol. 43(2), pages 457-474, February.
    28. Li, Xun, 2009. "Policy Making, Industrial Structure and Economic Growth in a Dual Economy," MPRA Paper 16990, University Library of Munich, Germany.
    29. Prieur, Fabien & Schumacher, Ingmar, 2016. "The role of conflict for optimal climate and immigration policy," TSE Working Papers 16-663, Toulouse School of Economics (TSE).
    30. Norman V. Loayza, 2016. "Informality in the Process of Development and Growth," Working Papers 76, Peruvian Economic Association.
    31. Wen, Lei & Zhou, Haiwen, 2023. "The Choice of Technology in Economic Development," MPRA Paper 117329, University Library of Munich, Germany.
    32. Bruno Chiarini & Elisabetta Marzano, 2014. "Urbanization and Growth: Why Did the Splendor of the Italian Cities in the Sixteenth Century not Lead to Transition?," CESifo Working Paper Series 5038, CESifo.
    33. Subrata Ghatak & Alan Mulhern & John Watson, 2008. "Inter‐Regional Migration in Transition Economies: The Case of Poland," Review of Development Economics, Wiley Blackwell, vol. 12(1), pages 209-222, February.
    34. Haiwen Zhou & Ruhai Zhou, 2016. "A Dynamic Model of the Choice of Technology in Economic Development," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, vol. 11(3), pages 498-518, September.
    35. Monchuk, Daniel C. & Miranowski, John A., 2002. "The Effect Of Innovative Behavior And Technological Spillovers On Employment Growth In The Us Midwest," 2002 Annual meeting, July 28-31, Long Beach, CA 19773, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    36. Mathan Satchi & Jonathan Temple, 2009. "Labor Markets and Productivity in Developing Countries," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 12(1), pages 183-204, January.
    37. Jonathan R. W. Temple, 2005. "Growth and Wage Inequality in a Dual Economy," Bulletin of Economic Research, Wiley Blackwell, vol. 57(2), pages 145-169, April.
    38. Yamauchi, Futoshi, 2004. "Are experience and schooling complementary? Evidence from migrants' assimilation in the Bangkok labor market," Journal of Development Economics, Elsevier, vol. 74(2), pages 489-513, August.
    39. Ghatak, Subrata & Mulhern, Alan & Watson, John, 2007. "Inter-regional migration in transition economies: the case of Poland," Economics Discussion Papers 2007-7, School of Economics, Kingston University London.
    40. Trunin, Pavel (Трунин, Павел), 2015. "Analysis of the Level of Development of the Financial System in the Russian Federation [Анализ Уровня Развития Финансовой Системы В Российской Федерации]," Published Papers mn38, Russian Presidential Academy of National Economy and Public Administration.
    41. Xiao, Wei & Zhao, Guochang, 2018. "Agricultural Land and Rural-Urban Migration in China: A New Pattern," RIEI Working Papers 2018-09, Xi'an Jiaotong-Liverpool University, Research Institute for Economic Integration.
    42. Yuki, Kazuhiro, 2007. "Urbanization, informal sector, and development," Journal of Development Economics, Elsevier, vol. 84(1), pages 76-103, September.
    43. Mark Guzman & Joseph Haslag & Pia Orrenius, 2008. "On the determinants of optimal border enforcement," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 34(2), pages 261-296, February.
    44. Jonathan Temple, 2002. "Wage Inequality in a Dual Economy," Bristol Economics Discussion Papers 02/531, School of Economics, University of Bristol, UK.
    45. Steven Garasky, 2000. "Understanding the Employment Experiences and Migration Patterns of Rural Youth and Young Adults," JCPR Working Papers 143, Northwestern University/University of Chicago Joint Center for Poverty Research.
    46. Ivanic, Maros, 2004. "Implications of Household Saving on Poverty," Conference papers 331269, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.

  3. Bencivenga, Valerie R. & Smith, Bruce D. & Starr, Ross M., 1995. "Equity markets, transaction costs, and capital accumulation," Policy Research Working Paper Series 1456, The World Bank.

    Cited by:

    1. Levine, Ross & Zervos, Sara, 1996. "Stock Market Development and Long-Run Growth," The World Bank Economic Review, World Bank, vol. 10(2), pages 323-339, May.
    2. Jan Hanousek & Nauro F. Campos & Randall K. Filer, 2001. "Do Stock Markets Promote Economic Growth?," Finance 0012006, University Library of Munich, Germany.
    3. Stepan Jurajda & Janet Mitchell, 2001. "Markets and Growth," CERGE-EI Working Papers wp185, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    4. Geert Bekaert & Campbell R. Harvey & Christian Lundblad, 2004. "Does Financial Liberalization Spur Growth?," Working Paper Research 53, National Bank of Belgium.
    5. Agnirup Sarkar, 2020. "Understanding the Short Run Relationship Between Stock Market and Growth in Emerging Economies," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 18(2), pages 383-402, June.
    6. Holzmann, Robert, 1996. "Fiscal issues of shifting from unfunded to funded pension," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 34300, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    7. Agnirup Sarkar, 2020. "Market capitalization and growth with nominal and real rigidities: the case of emerging economies," Indian Economic Review, Springer, vol. 55(2), pages 165-198, December.

  4. Bencivenga, V. & Smith, B. & Starr, R.M., 1992. "Liquidity of Secondary Capital Markets: Allocative Efficiency and the Maturity of the Capital Stock," RCER Working Papers 326, University of Rochester - Center for Economic Research (RCER).

    Cited by:

    1. Hargis, Kent, 1998. "Do Foreign Investors Stimulate or Inhibit Stock Market Development in Latin America?," The Quarterly Review of Economics and Finance, Elsevier, vol. 38(3, Part 1), pages 303-318.
    2. ABOUDOU Maman Tachiwou, 2009. "Causality tests between stock market development and economic growth in West African Monetary Union," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(2), pages 14-27, December.

  5. Bencivenga, V.R. & Smith, B.D., 1990. "Deficits, Inflation, And The Banking System In Developing Countries: The Optimal Degree Of Financial Repression," RCER Working Papers 214, University of Rochester - Center for Economic Research (RCER).

    Cited by:

    1. Beatrix Paal & Bruce D. Smith, 2013. "The sub-optimality of the Friedman rule and the optimum quantity of money," Annals of Economics and Finance, Society for AEF, vol. 14(2), pages 911-948, November.
    2. Mukherji, Nivedita, 1998. "Inflation and Risky Investment in an Economy with Asymmetric Information and Monopolistic Loans Markets," Journal of Macroeconomics, Elsevier, vol. 20(1), pages 107-132, January.
    3. Hauner, David, 2009. "Public debt and financial development," Journal of Development Economics, Elsevier, vol. 88(1), pages 171-183, January.
    4. Smith, B.D. & Villamil, A.P., 1991. "Government Borrowing using Bonds with Randomly Determined Returns : Welfare Improving Randomization in the Context of Deficit Finance," RCER Working Papers 287, University of Rochester - Center for Economic Research (RCER).
    5. Rangan Gupta, 2005. "Endogenous Tax Evasion and Reserve Requirements: A Comparative Study in the Context of European Economies," Computing in Economics and Finance 2005 328, Society for Computational Economics.
    6. Fukuda, Takashi & Dahalan, Jauhari, 2011. "Finance-Growth-Crisis Nexus in India: Evidence from Cointegration and Causality Assessment," MPRA Paper 39467, University Library of Munich, Germany.
    7. Denizer, Cevdet & Desai, Raj M. & Gueorguiev, Nikolay, 1998. "The political economy of financial repression in transition economies," Policy Research Working Paper Series 2030, The World Bank.
    8. Hernando Vargas, 1997. "Apertura, Encajes e Intermediación Financiera," Borradores de Economia 072, Banco de la Republica de Colombia.
    9. William D. Lastrapes & George Selgin, 2012. "Banknotes And Economic Growth," Scottish Journal of Political Economy, Scottish Economic Society, vol. 59(4), pages 390-418, September.
    10. Demirguc-Kunt, Asli, 2006. "Finance and economic development : policy choices for developing countries," Policy Research Working Paper Series 3955, The World Bank.
    11. Gomis-Porqueras, Pere, 2001. "When Should Bank Regulation Favor the Wealthy?," Journal of Economic Theory, Elsevier, vol. 99(1-2), pages 327-337, July.
    12. Siddiki, Jalal Uddin & Auerbach, Paul, 2000. "Economic development, finance and liberalisation: a survey and some unresolved issues," Economics Discussion Papers 2000-6, School of Economics, Kingston University London.
    13. Farshid Pourshahabi & Yousef Elyasi, 2013. "Financial Depth – Financial Repression Linkage," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 18(2), pages 65-81, spring.
    14. Reynaldo Senra Hodelin, 2020. "Development banking under weak institutions and imperfect credit markets," Annals of Finance, Springer, vol. 16(3), pages 353-380, September.
    15. Patrick Artus, 1995. "Mode de financement de l'investissement et croissance," Revue Économique, Programme National Persée, vol. 46(2), pages 169-194.
    16. TINA M. Edgar A. Ghossoub & TINA M. Robert R. Reedy, 2012. "Financial Development and the Distributional Effects of Monetary Policy Do the distributional consequences of monetary policy depend on the extent of financial development? Should optimal monetary pol," Working Papers 0035, College of Business, University of Texas at San Antonio.
    17. Marco A. Espinosa-Vega & Chong K. Yip, 1995. "Fiscal and monetary policy interactions in an endogenous growth model with financial intermediaries," FRB Atlanta Working Paper 95-10, Federal Reserve Bank of Atlanta.
    18. Rangan Gupta, 2005. "Costly State Monitoring and Reserve Requirements," Annals of Economics and Finance, Society for AEF, vol. 6(2), pages 263-288, November.
    19. Khan, Mohsin S. & Senhadji, Abdelhak S. & Smith, Bruce D., 2006. "Inflation And Financial Depth," Macroeconomic Dynamics, Cambridge University Press, vol. 10(2), pages 165-182, April.
    20. Tullio Jappelli & Marco Pagano, 1998. "The Welfare Effects of Liquidity Constraints," CSEF Working Papers 13, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    21. Daniel, Betty C. & Kim, Hong-Bum, 1996. "Financial dualism in a cash-in-advance economy," Journal of Macroeconomics, Elsevier, vol. 18(2), pages 213-234.
    22. Athanasios Andrikopoulos & Xeni Dassiou, 2024. "Bank market power and performance of financial technology firms," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 29(1), pages 1141-1156, January.
    23. Al-Moulani, Ali & Alexiou, Constantinos, 2018. "Simulating Banking Sector Development in the GCC States," MPRA Paper 98650, University Library of Munich, Germany.
    24. Joseph H. Haslag & Eric Young, 1998. "Revenue-maximizing monetary policy," Working Papers 9801, Federal Reserve Bank of Dallas.
    25. Jones, Larry E. & Manuelli, Rodolfo E., 1997. "Endogenous growth theory: An introduction," Journal of Economic Dynamics and Control, Elsevier, vol. 21(1), pages 1-22, January.
    26. Ang, James B., 2009. "Private Investment and Financial Sector Policies in India and Malaysia," World Development, Elsevier, vol. 37(7), pages 1261-1273, July.
    27. Valerie R. Bencivenga & Gabriele Camera, 2011. "Banking in a Matching Model of Money and Capital," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(s2), pages 449-476, October.
    28. Bhattacharya, Joydeep, 2003. "Monetary policy and the distribution of income," ISU General Staff Papers 200304220700001192, Iowa State University, Department of Economics.
    29. Smith, Bruce D., 2001. "Introduction to Monetary and Financial Arrangements," Journal of Economic Theory, Elsevier, vol. 99(1-2), pages 1-21, July.
    30. Onur zdemir, 2019. "Autoregressive Distributed Lag Approach to the Income Inequality and Financial Liberalization Nexus: Empirical Evidence from Turkey," International Journal of Economics and Financial Issues, Econjournals, vol. 9(6), pages 1-15.
    31. Mr. David Hauner, 2006. "Fiscal Policy and Financial Development," IMF Working Papers 2006/026, International Monetary Fund.
    32. Alomar, Ibrahim, 2005. "الدور التنموي للمصارف والوسطاء الماليين [Develpmental Role of Banks and Financial Intermediaries]," MPRA Paper 18798, University Library of Munich, Germany.
    33. Cothren, Richard & Mukherji, Nivedita, 1997. "Optimal monetary policy in a world with risky investments and financial intermediaries," Journal of Economics and Business, Elsevier, vol. 49(1), pages 21-42, February.
    34. Eugene Okoi Ifere & Napoleon David Okosu, 2017. "Can Optimal Digital Innovation and Financial Inclusion Drive Poverty Reduction in the Niger Delta Region of Nigeria?," International Journal of Economics and Financial Issues, Econjournals, vol. 7(1), pages 539-546.
    35. Ms. Renu Kohli & Kenneth Kletzer, 2001. "Financial Repression and Exchange Rate Management in Developing Countries: Theory and Empirical Evidence for India," IMF Working Papers 2001/103, International Monetary Fund.
    36. Mr. Ari Aisen & Mr. David Hauner, 2008. "Budget Deficits and Interest Rates: A Fresh Perspective," IMF Working Papers 2008/042, International Monetary Fund.
    37. Olga A. Norkina & Sergey E. Pekarski, 2014. "Optimal Financial Repression," HSE Working papers WP BRP 81/EC/2014, National Research University Higher School of Economics.
    38. Khan, Saleheen & Park, Kwang Woo (Ken), 2009. "Contagion in the stock markets: The Asian financial crisis revisited," Journal of Asian Economics, Elsevier, vol. 20(5), pages 561-569, September.
    39. Augusto de la Torre & Juan Carlos Gozzi & Sergio L. Schmukler, 2008. "Capital Market Development: Whither Latin America?," NBER Chapters, in: Financial Markets Volatility and Performance in Emerging Markets, pages 121-154, National Bureau of Economic Research, Inc.
    40. Choi, Jae Hoon & Munro, David, 2022. "Market liquidity and excess volatility: Theory and experiment," Journal of Economic Dynamics and Control, Elsevier, vol. 139(C).
    41. Greenwood, J. & Smith, B.D., 1995. "Financial Markets in Development, and the Development of Financial Markets," RCER Working Papers 406, University of Rochester - Center for Economic Research (RCER).
    42. Demirguc-Kunt, Asli & Levine, Ross, 2008. "Finance, financial sector policies, and long-run growth," Policy Research Working Paper Series 4469, The World Bank.
    43. Rangan Gupta & Philton Makena, 2020. "Growth Dynamics, Multiple Equilibria, and Local Indeterminacy in an Endogenous Growth Model of Money, Banking and Inflation Targeting," Economies, MDPI, vol. 8(1), pages 1-14, March.
    44. Hsu, Sara & Li, Jianjun, 2012. "“Ideal” financial development and financial overaccumulation," MPRA Paper 38035, University Library of Munich, Germany.
    45. Levine, Ross, 2005. "Finance and Growth: Theory and Evidence," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 12, pages 865-934, Elsevier.
    46. Fukuda, Takashi & Dahalan, Jauhari, 2011. "“Finance-Growth-Crisis Nexus in India: Evidence from Cointegration and Causality Assessment” - L’interazione finanza-crescita-crisi in India: evidenze da una analisi di cointegrazione e causalità," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 64(3), pages 297-328.
    47. Fu-Sheng Hung, 2001. "Fiscal, Monetary, and Reserve Requirement Policy in an Endogenous Growth with Financial Market Imperfections," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 26(1), pages 61-82, June.
    48. Joseph H. Haslag & Jahyeong Koo, 1999. "Financial repression, financial development and economic growth," Working Papers 9902, Federal Reserve Bank of Dallas.
    49. Audrey Chouchane-Verdier, 2004. "Une analyse empirique de l'impact de la libéralisation financière en Afrique subsaharienne sur la période 1983-1996," Revue Tiers Monde, Programme National Persée, vol. 45(179), pages 617-641.
    50. Laurent Augier & Xiaoxiao Wang, 2013. "Politiques Des Reserves Obligatoires Et Politique Fiscale Dans Un Pays En Developpement: Monetary Policy Reserve Requirements And Fiscal Policy In Developping Countries," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, vol. 56(3-4), pages 291-311.
    51. Edgar A. Ghossoub, 2013. "Banking Competition: Implications for Welfare and Monetary Policy," Working Papers 0182eco, College of Business, University of Texas at San Antonio.
    52. Mariia A. Elkina, 2021. "Financial Repression And Transmission Of Macroeconomic Shocks In A DSGE Model With Financial Frictions," HSE Working papers WP BRP 246/EC/2021, National Research University Higher School of Economics.
    53. James Ang, 2008. "Private Investment And Financial Sector Policies In Developing Countries," Monash Economics Working Papers 07/08, Monash University, Department of Economics.
    54. Ang, James B., 2014. "Innovation and financial liberalization," Journal of Banking & Finance, Elsevier, vol. 47(C), pages 214-229.
    55. Emmanuel Nii Abbey, 2013. "Inflation and Financial Development: Evidence," American Journal of Economics and Business Administration, Science Publications, vol. 4(4), pages 227-236, July.
    56. Hung, Fu-Sheng, 2005. "Credit rationing and capital accumulation with investment and consumption loans revisited," Journal of Development Economics, Elsevier, vol. 78(2), pages 322-347, December.
    57. Jianhuai Shi, 2002. "The Economic Effects of Inflation Tax Instruments in an Overlapping-Generations Economy with Production," Annals of Economics and Finance, Society for AEF, vol. 3(2), pages 433-451, November.
    58. Ang, James, 2009. "Financial Liberalization Or Repression?," MPRA Paper 14497, University Library of Munich, Germany.
    59. Fung, Michael K. Y. & Ho, Wai-Ming & Zhu, Lijing, 2000. "Stagflationary effect of government bond financing in the transforming Chinese economy: a general equilibrium analysis," Journal of Development Economics, Elsevier, vol. 61(1), pages 111-135, February.
    60. Claessens, Stijn & Klingebiel, Daniela & Schmukler, Sergio L., 2006. "Stock market development and internationalization: Do economic fundamentals spur both similarly?," Journal of Empirical Finance, Elsevier, vol. 13(3), pages 316-350, June.
    61. Zhu, D., 2006. "Essays on financial structure and macroeconomic performance," Other publications TiSEM 24c51821-c7c3-4684-acf8-8, Tilburg University, School of Economics and Management.
    62. Dotsey, Michael & Sarte, Pierre Daniel, 2000. "Inflation uncertainty and growth in a cash-in-advance economy," Journal of Monetary Economics, Elsevier, vol. 45(3), pages 631-655, June.
    63. ABOUDOU Maman Tachiwou, 2009. "Causality tests between stock market development and economic growth in West African Monetary Union," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(2), pages 14-27, December.
    64. Xiaohui Zhang & Zhihong Ji & Yong Cui, 2009. "Reserve requirement, reserve requirement tax and money control in China: 1984–2007," Frontiers of Economics in China, Springer;Higher Education Press, vol. 4(3), pages 361-383, September.
    65. Nawaz, Muhammad & Iqbal, Muhammad Mazhar & Ali, Amanat & Zaman, Khalid, 2012. "Fiscal Theory of Price Level: A Panel Data Analysis for selected Saarc Countries," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 152-170, September.
    66. Boyd, John H. & Levine, Ross & Smith, Bruce D., 2001. "The impact of inflation on financial sector performance," Journal of Monetary Economics, Elsevier, vol. 47(2), pages 221-248, April.
    67. Norkina, O. & Pekarski, S., 2015. "Nonmarket Debt Placement As Financial Repression," Journal of the New Economic Association, New Economic Association, vol. 28(4), pages 31-55.
    68. King, Robert G. & Levine, Ross, 1992. "Financial indicators and growth in a cross section of countries," Policy Research Working Paper Series 819, The World Bank.
    69. Entov Revold & Radygin Alexandr, 2006. "Corporate Governance and Self-regulation in Institutional Changes System," Research Paper Series, Gaidar Institute for Economic Policy, issue 101.
    70. James B. ANG, 2014. "Innovation and Financial Liberalization: The Case of India," Economic Growth Centre Working Paper Series 1404, Nanyang Technological University, School of Social Sciences, Economic Growth Centre.

  6. Bencivenga, V.R. & Smith, B.D., 1988. "Financial Intermediation And Endogenous Growth," RCER Working Papers 124, University of Rochester - Center for Economic Research (RCER).

    Cited by:

    1. Binyamin Berdugo & Sharon Hadad, 2009. "How does Investors' Legal Protection affect Productivity and Growth?," Working Papers 0908, Ben-Gurion University of the Negev, Department of Economics.
    2. Mukherji, Nivedita, 1998. "Inflation and Risky Investment in an Economy with Asymmetric Information and Monopolistic Loans Markets," Journal of Macroeconomics, Elsevier, vol. 20(1), pages 107-132, January.
    3. Yuanyuan Li & Bertrand Wigniolle, 2016. "Endogenous information revelation in a competitive credit market and credit crunch," Post-Print halshs-01277539, HAL.
    4. Oro, Oro Ufuo & Alagidede, Paul, 2018. "The Nature of the finance–growth relationship: Evidence from a panel of oil-producing countries," Economic Analysis and Policy, Elsevier, vol. 60(C), pages 89-102.
    5. Erauskin, Iñaki, 2013. "The impact of financial openness on the size of utility-enhancing government," Economics Discussion Papers 2013-7, Kiel Institute for the World Economy (IfW Kiel).
    6. Jean-Pierre Allegret & Cécile Couharde & Dramane Coulibaly & Valérie Mignon, 2013. "Current accounts and oil price fluctuations in oil-exporting countries: the role of financial development," Working Papers hal-04141185, HAL.
    7. Doaa M. Salman & Eyad M. Atya, 2014. "What is the role of Financial Development and Energy Consumption on Economic Growth? New Evidence from North African Countries," International Journal of Finance & Banking Studies, Center for the Strategic Studies in Business and Finance, vol. 3(1), pages 137-149, January.
    8. Alessandra Guariglia & Amelia U. Santos-Paulino, 2008. "Export Productivity, Finance, and Economic Growth: Are the Southern Engines of Growth Different?," WIDER Working Paper Series RP2008-27, World Institute for Development Economic Research (UNU-WIDER).
    9. Soedarmono, Wahyoe & Augier, Laurent, 2009. "Threshold Effect and Financial Intermediation in Economic Development," MPRA Paper 14905, University Library of Munich, Germany.
    10. Cosimo Magazzino & Marco Mele & Fabio Gaetano Santeramo, 2021. "Using an Artificial Neural Networks Experiment to Assess the Links among Financial Development and Growth in Agriculture," Sustainability, MDPI, vol. 13(5), pages 1-15, March.
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    12. Galindo, Arturo & Schiantarelli, Fabio & Weiss, Andrew, 2007. "Does financial liberalization improve the allocation of investment?: Micro-evidence from developing countries," Journal of Development Economics, Elsevier, vol. 83(2), pages 562-587, July.
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    4. Samouel BEJI, 2007. "Financial Openness and Financial Development in the South Mediterranean Sea Countries: Institutional Approach and Calculation ofm Development Thresholds," European Research Studies Journal, European Research Studies Journal, vol. 0(3-4), pages 107-107.
    5. Giorgio Ffagiolo & Daniele Giachini & Andrea Roventini, 2017. "Innovation, Finance, and Economic Growth : an agent based approach," Documents de Travail de l'OFCE 2017-28, Observatoire Francais des Conjonctures Economiques (OFCE).
    6. Maria Fuensanta Morales, 2000. "Financial Intermediation in a Model of Growth Through Creative Destruction," Econometric Society World Congress 2000 Contributed Papers 0914, Econometric Society.
    7. Bhattacharya, Joydeep & Chakraborty, Shankha, 2005. "What do Information Frictions do?," ISU General Staff Papers 200510010700001265, Iowa State University, Department of Economics.
    8. Onur ÖZDEMİR, 2020. "Revisiting the Finance-Growth Nexus in Turkey: Bayer-Hanck Combined Cointegration Approach over the 1970-2016 Period," Sosyoekonomi Journal, Sosyoekonomi Society, issue 28(44).
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    13. Bruno Amable & Jean-Bernard Chatelain & Kirsten Ralf, 2006. ""Deep Pockets'', Collateral Assignments of Patents, and the Growth of Innovations," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00112518, HAL.
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    20. Bose, Niloy, 2005. "Endogenous growth and the emergence of equity finance," Journal of Development Economics, Elsevier, vol. 77(1), pages 173-188, June.
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    25. Sudip Patra & Sayantan Ghosh Dastidar, 2018. "Finance and Growth: Evidence from South Asia," Jindal Journal of Business Research, , vol. 7(1), pages 37-60, June.
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    28. Keith Blackburn & Niloy Bosey & Salvatore Capasso, 2010. "Tax Evasion, the Underground Economy and Financial Development," Centre for Growth and Business Cycle Research Discussion Paper Series 138, Economics, The University of Manchester.
    29. Salvatore Capasso, 2004. "Stock market development and economic growth: a matter of informational problems," Money Macro and Finance (MMF) Research Group Conference 2003 10, Money Macro and Finance Research Group.
    30. Chen, Been-Lon & Chiang, Yeong-Yuh & Wang, Ping, 2005. "Evaluation of interest tax policies in a model of finance and growth," Journal of Macroeconomics, Elsevier, vol. 27(3), pages 533-552, September.
    31. Bruno Amable & Jean-Bernard Chatelain & Kirsten Ralf, 2004. ""Deep Pockets": Research and Development Persistence and Economic Growth," Money Macro and Finance (MMF) Research Group Conference 2004 47, Money Macro and Finance Research Group, revised 13 Oct 2004.
    32. Abu N. M., Wahid & Muhammad, Shahbaz & Pervez, Azeem, 2011. "Inflation and financial sector correlation: the case of Bangladesh," MPRA Paper 32935, University Library of Munich, Germany, revised 20 Aug 2011.
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Articles

  1. Valerie R. Bencivenga & Gabriele Camera, 2011. "Banking in a Matching Model of Money and Capital," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43, pages 449-476, October.

    Cited by:

    1. V. Bignon & R. Breton & M. Rojas Breu, 2015. "Monetary Union with A Single Currency and Imperfect Credit Market Integration," Working papers 541, Banque de France.
    2. Matsuoka, Tarishi & Watanabe, Makoto, 2019. "Banking crises and liquidity in a monetary economy," Journal of Economic Dynamics and Control, Elsevier, vol. 108(C).
    3. Boel, Paola & Camera, Gabriele, 2016. "Money, Credit and Banking and the Cost of Financial Activity," Working Paper Series 331, Sveriges Riksbank (Central Bank of Sweden).
    4. Chu, Angus C. & Lai, Ching-Chong & Liao, Chih-Hsing, 2012. "Search and endogenous growth: when Romer meets Lagos and Wright," MPRA Paper 36691, University Library of Munich, Germany.
    5. Todd Keister, 2011. "Discussion of “Banking in a Matching Model of Money and Capital”," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(s2), pages 477-485, October.
    6. Guillaume Rocheteau & Pierre-Olivier Weill, 2011. "Liquidity in frictional asset markets," Working Papers (Old Series) 1105, Federal Reserve Bank of Cleveland.
    7. Chu, Angus C. & Liao, Chih-Hsing & Liu, Xiangbo & Zhang, Mengbo, 2021. "Indeterminacy in a matching model of money with productive government expenditure," International Review of Economics & Finance, Elsevier, vol. 71(C), pages 497-516.
    8. Paola Boel & Gabriele Camera, 2019. "Monetary Equilibrium and the Cost of Banking Activity," Working Papers 19-12, Chapman University, Economic Science Institute.
    9. Tarishi Matsuoka & Makoto Watanabe, 2019. "Banking Panics and the Lender of Last Resort in a Monetary Economy," CESifo Working Paper Series 7451, CESifo.
    10. Mohammed Ait Lahcen & Pedro Gomis‐Porqueras, 2021. "A Model of Endogenous Financial Inclusion: Implications for Inequality and Monetary Policy," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 53(5), pages 1175-1209, August.
    11. Tarishi Matsuoka & Makoto Watanabe, 2023. "A Monetary Equilibrium with the Lender of Last Resort," CESifo Working Paper Series 10439, CESifo.
    12. Matsuoka, Tarishi, 2022. "Asset prices and standing facilities in a monetary economy," Journal of Economic Dynamics and Control, Elsevier, vol. 135(C).
    13. Tarishi Matsuoka & Makoto Watanabe, 2017. "Banking Panics and Liquidity in a Monetary Economy," Tinbergen Institute Discussion Papers 17-091/VII, Tinbergen Institute.
    14. Hyung Sun Choi & Manjong Lee, 2016. "Multiple Means of Payment, Excess Reserves, and Monetary Policy," Korean Economic Review, Korean Economic Association, vol. 32, pages 5-21.

  2. Valerie R. Bencivenga & Bruce Smith, 2003. "Monetary policy and financial market evolution," Review, Federal Reserve Bank of St. Louis, vol. 85(Jul), pages 7-26.

    Cited by:

    1. John H. Boyd & Bruce A. Champ, 2003. "Inflation and financial market performance: what have we learned in the last ten years?," Working Papers (Old Series) 0317, Federal Reserve Bank of Cleveland.
    2. Edgar A. Ghossoub & Robert R. Reed, 2021. "Banking Competition, Capital Accumulation, And Interest On Reserves," Economic Inquiry, Western Economic Association International, vol. 59(2), pages 671-695, April.
    3. Valerie R. Bencivenga & Gabriele Camera, 2011. "Banking in a Matching Model of Money and Capital," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 43(s2), pages 449-476, October.
    4. Edgar Ghossoub, 2009. "The Institutionalization of Savings: A Role for Monetary Policy," Working Papers 0001, College of Business, University of Texas at San Antonio.
    5. Singh, Nirvikar & Srinivasan, T. N., 2004. "Fiscal Policy in India: Lessons and Priorities," Santa Cruz Center for International Economics, Working Paper Series qt67t3p20w, Center for International Economics, UC Santa Cruz.
    6. Ghossoub, Edgar A., 2012. "Financial market participation, financial intermediation, and monetary policy," Economics Letters, Elsevier, vol. 117(1), pages 127-130.

  3. Valerie R. Bencivenga & Elisabeth Huybens & Bruce D. Smith, 2002. "What to stabilize in the open economy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 43(4), pages 1289-1307, November.

    Cited by:

    1. Hernandez-Verme, Paula & Wang, Wen-Yao, 2009. "Multiple Reserve Requirements, Exchange Rates, Sudden Stops and Equilibrium Dynamics in a Small Open Economy," MPRA Paper 16748, University Library of Munich, Germany, revised 11 Aug 2009.
    2. Azariadis, Costas & Bullard, James & Ohanian, Lee, 2004. "Trend-reverting fluctuations in the life-cycle model," Journal of Economic Theory, Elsevier, vol. 119(2), pages 334-356, December.
    3. Paula Hernandez-Verme & Wen-Yao Wang, 2009. "Multiple reserve requirements, exchange rates, sudden stops and equilibrium dynamics in a small open economy," EconoQuantum, Revista de Economia y Finanzas, Universidad de Guadalajara, Centro Universitario de Ciencias Economico Administrativas, Departamento de Metodos Cuantitativos y Maestria en Economia., vol. 6(1), pages 71-79, Julio - D.
    4. Paula Hernandez-Verme, 2009. "Small Open Economies with Frictions in Credit Markets: Target inflation or money growth when floating?," Department of Economics and Finance Working Papers EC200903, Universidad de Guanajuato, Department of Economics and Finance.

  4. Valerie R. Bencivenga & Elisabeth Huybens & Bruce Smith, 2001. "Dollarization and the integration of international capital markets; a contribution to the theory of optimal currency areas," Proceedings, Federal Reserve Bank of Cleveland, pages 548-596.

    Cited by:

    1. Russell W. Cooper & Hubert Kempf, 2000. "Designing stabilization policy in a monetary union," Working Papers (Old Series) 0001, Federal Reserve Bank of Cleveland.
    2. Gaetano Antinolfi & Todd Keister, 2001. "Dollarization as a monetary arrangement for emerging market economies," Review, Federal Reserve Bank of St. Louis, vol. 83(Nov.), pages 29-40.
    3. Alexandre Minda, 2005. "La dollarisation intégrale : une option monétaire de dernier ressort pour l'Amérique latine ?," Mondes en développement, De Boeck Université, vol. 130(2), pages 15-39.

  5. Bencivenga, Valerie R & Smith, Bruce D & Starr, Ross M, 2000. "Secondary Capital Markets, Long-Run Growth, and the Term Structure of Asset Yields," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 41(3), pages 769-800, August.

    Cited by:

    1. Uras, R.B., 2014. "Financial Development, Long-Term Finance and the Macroeconomy : The Role of Secondary Markets," Discussion Paper 2014-044, Tilburg University, Center for Economic Research.
    2. Uras, Burak R., 2019. "Unbundling Financial Imperfections: Lending Frictions Vs. Trading Frictions," Macroeconomic Dynamics, Cambridge University Press, vol. 23(4), pages 1401-1441, June.
    3. Uras, Burak R., 2020. "Finance and development: Rethinking the role of financial transparency," Journal of Banking & Finance, Elsevier, vol. 111(C).

  6. Bencivenga, Valerie R. & Smith, Bruce D., 1998. "Economic development and financial depth in a model with costly financial intermediation," Research in Economics, Elsevier, vol. 52(4), pages 363-386, December.

    Cited by:

    1. Jude C. Eggoh & Patrick Villieu, 2013. "Un réexamen de la non-linéarité entre le développement financier et la croissance économique," Revue d'économie politique, Dalloz, vol. 123(2), pages 211-236.
    2. Chi-Chun Yang & Ya-Kai Chang, 2020. "Asymmetric Impact of Financial Intermediary Development in Low- and High-Income Countries," Sustainability, MDPI, vol. 12(15), pages 1-12, July.
    3. Lu, Shu-Shiuan, 2013. "The role of capital market efficiency in long-term growth: A quantitative exploration," Journal of Macroeconomics, Elsevier, vol. 36(C), pages 161-174.
    4. Valentine Soumtang Bime & Dieudonné Mignamissi & Agathe Cassandra Koumis Ngagni, 2024. "Does financial openness matter for economic transformation in sub-Saharan Africa?," Economic Change and Restructuring, Springer, vol. 57(2), pages 1-49, April.
    5. Edgar Ghossoub, 2009. "The Institutionalization of Savings: A Role for Monetary Policy," Working Papers 0001, College of Business, University of Texas at San Antonio.
    6. Carton, Christine & Ronquillo, Cely, 2008. "Determinantes del crecimiento en America Latina: Analisis empirico de los sistemas bancarios [Economic growth determinants in Latin American region: An empirical analysis based on bank systems role," MPRA Paper 10832, University Library of Munich, Germany.
    7. Hung, Fu-Sheng, 2005. "Credit rationing and capital accumulation with investment and consumption loans revisited," Journal of Development Economics, Elsevier, vol. 78(2), pages 322-347, December.
    8. Le, Thai-Ha & Tran-Nam, Binh, 2018. "Trade liberalization, financial modernization and economic development: An empirical study of selected Asia–Pacific countries," Research in Economics, Elsevier, vol. 72(2), pages 343-355.
    9. Schertler, Andrea, 2002. "Path dependencies in venture capital markets," Kiel Working Papers 1120, Kiel Institute for the World Economy (IfW Kiel).

  7. Bencivenga, Valerie R & Smith, Bruce D, 1997. "Unemployment, Migration, and Growth," Journal of Political Economy, University of Chicago Press, vol. 105(3), pages 582-608, June.
    See citations under working paper version above.
  8. Bencivenga, Valerie R & Smith, Bruce D & Starr, Ross M, 1996. "Equity Markets, Transactions Costs, and Capital Accumulation: An Illustration," The World Bank Economic Review, World Bank, vol. 10(2), pages 241-265, May.

    Cited by:

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    1. Zaib Maroof & Shahzad Hussain & Muhammad Jawad & Munazza Naz, 2019. "Determinants of industrial development: a panel analysis of South Asian economies," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(3), pages 1391-1419, May.
    2. Ayşegül Durucan, 2022. "Testing The Validity Of The Bars Curve For Turkey," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 67(232), pages 153-192, January –.
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    7. Amal Mohammed Al-Masawa & Rasidah Mohd-Rashid & Hamdan Amer Al-Jaifi, 2020. "A Descriptive Analysis of IPOs Post Listing Liquidity in Malaysia," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(1), pages 171-180, January.
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