Research Paper on finance and growth theory

Research Paper on finance and growth theory

the title of the article going to be analysed is “Financial Intermediation and Endogenous
Growth”the authors”Valerie R. Bencivenga; Bruce D. Smith”in this paper there should be a new
derivation on the model,first the shortcomings of the model should be discussed in the given
paper then the effect of banking brach should be included into the model,it should be a
theoritical framework and all mathematical derivations should be explained step by step,then
at the end the model should be modified by including the effect of bank branching,

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