Banks, non-bank companies and stock exchange: do we\ud know the relationship?

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Ghimire, Binam; Gautam, Rishi; Karki, Dipesh; Sharma, Satish;

This paper investigates the role played by the banking sector in founding, sustaining and developing stock exchange markets. The paper has constructed data on market capitalisation separately for banks and non-bank companies. We apply cointegration techniques developed ... View more
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