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Peter L. Rousseau is Professor of Economics at Vanderbilt University, Tennessee and secretary-treasurer of the American Economic Association. He is a macroeconomist and economic historian who studies the role of financial markets and institutions in growth and development. He has published extensively in leading economic journals, including the Journal of Political Economy, the Journal of Monetary Economics, the Journal of Financial Economics and the Journal of Economic History.
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Financial Systems and Economic Growth

Peter L. Rousseau , Paul Wachtel


Cambridge University Press

2017-09-01

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Throughout much of the twentieth century, economists paid little heed to the role of financial intermediaries in procuring a beneficial allocation of capital. By the end of the century, however, some financial historians had begun to turn the tide,...

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