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Financial Deepening and Economic Growth

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Figure

Table 1: Financial Deepening in Three EU Economies
Figure 4 where the E-E is allocations at the core; LL market valuations of lenders; BB the marketThe dynamic economy implied by this model can better be explained using a diagram as invaluation of borrowers.The gap between LL and BB re‡ects the subjective di¤erence in theassessment of prospects of …nancial assets and reason for trades among lenders and borrowers.
Table 3: Parameters of CIA Model
Fig. 5Technological shocks in CIA Model
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