Resumen

RIVAS-ACEVES, Salvador  y  DAVILA-ARAGON, Griselda. Financial prudential behavior and economic growth. Contad. Adm [online]. 2021, vol.66, n.3, 00010.  Epub 07-Feb-2022. ISSN 0186-1042.  https://doi.org/10.22201/fca.24488410e.2021.2674.

The 2008 global financial crisis showed not only that there is a link between real economy and financial markets, but also that financial stability is necessary for investment, innovation and of course economic growth. Regarding the link between real and financial sectors, several studies long before the 2008 financial crisis revealed positive impacts from financial sector on real economy, basically because a solid financial system promote physic and human capital accumulation, see Banerjee and Newman (1993) Galor and Zeira (1993), Aghion and Bolton (1997), Piketty (1997), Levine (1997), Levine and Zervos (1998), Rajan and Zingales (1998). When considering well-developed financial markets as economic growth promoters the researches of Levine (2005), Aghion et al. (2005) and Acemoglu et al. (2006) proved that financial develop indeed accelerates economic growth.

Palabras llave : Financial market; Regulation; Efficiency of capital market; Economic growth and macroeconomic equilibrium.

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