Plausibly Exogenous [1624] - Banking (07/14/2024)
LHS Variable
Economic growth
RHS Variable
Banking
Source of Exogenous Variation
Regional banking variation induced by the creation of "specialized banks" (spetsbanks) in the last years of the Soviet Union (1988-1991)
- Berkowitz, Hoekstra, and Schoors (2012), “Does finance cause growth? Evidence from the origins of banking in Russia”