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关注:1
2013-05-23 12:21
求翻译:We study the effects of differences in local financial development within an integrated financial market. We construct a new indicator of financial development by estimating a regional effect on the probability that, ceteris paribus, a household is shut off from the credit market. By using this indicator we find that f是什么意思? 待解决
悬赏分:1
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We study the effects of differences in local financial development within an integrated financial market. We construct a new indicator of financial development by estimating a regional effect on the probability that, ceteris paribus, a household is shut off from the credit market. By using this indicator we find that f
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2013-05-23 12:21:38
我们研究地方金融发展的差异,在一个综合的金融市场的影响。我们构造一个区域的效果,其他条件不变的情况下,一个家庭从信贷市场关闭的概率估计金融发展的一个新指标。通过使用这一指标,我们发现,金融发展,提高个人开始自己的事业,有利于新企业,增加竞争进入,并促进经济增长的概率。正如理论所预言的,这些影响是规模较大的公司,可以更容易地筹集资金以外的当地较弱。这些影响都存在,即使我们仪器我们与本地银行市场结构,在1936年,由于监管原因,影响在以下50年的信贷供应的指标。总的来说,结果表明,当地金融业的发展,是一个重要的经济成就,即使是在环境没有资本流动的摩擦领域因素。
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2013-05-23 12:23:18
We study the effects of differences in local financial development within an integrated financial market construct We . indicator of a new development b
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2013-05-23 12:24:58
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2013-05-23 12:26:38
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2013-05-23 12:28:18
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