ecb speech, 2006-09-29
Moreover, research such as that presented by Alain de Serres, Shuji Kobayakawa, Torsten Sløk and Laura Vartia underlines the fact that financial system regulation (concerning both banking and securities markets) has a statistically significant influence on output and productivity growth - provided that this regulation allows for stronger competition in financial markets.
Sentiment: neutral
Topic: mp_economic_activity