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Stock markets, banks and economic growth in a context of common shocks and cross country dependencies (Supplement)

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Academic year: 2020

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Figure

Fig.  A1.  It  shows  fractional  polynomial  lines  (with  a  95%  confidence  interval) for GDP growth against the log of the ratio of private credit by  banks  to  GDP
Fig.  A2.  It  shows  fractional  polynomial  lines  (with  a  95%  confidence  interval) for GDP growth against the log of the ratio of private credit by  banks to GDP
Fig.  A3.  It  shows  fractional  polynomial  lines  (with  a  95%  confidence  interval)  for  GDP  growth  against  the  log  of  the  ratio  of  market  capitalization  of  listed  companies  to  GDP
Fig.  A4.  It  provides  box  plots  of  the  percentage  of  private  credit  by  banks  as  a  share  of  GDP,  between  1961  and  2014  for  the  full  sample,  and the subsamples of advanced and emerging economies, from top to  the bottom, respectivel
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