NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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East Asian Financial and Economic Development

Randall Morck, Bernard Yeung

NBER Working Paper No. 23845
Issued in September 2017

---- Acknowledgments ----

This working paper is intended for the Handbook of Finance and Development. We are grateful to the editors, Thorsten Beck and Ross Levine for helpful comments and suggestions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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