Contents
Bank-based and market-based financial systems : which is better for insurance business? / 정홍주 ; 남상욱 1
〈국문초록〉 1
〈ABSTRACT〉 2
I. Introduction 3
II. Literature review 5
III. Measuring financial system and insurance growth 8
IV. Methodology and data 10
1. Methodology 10
2. Data 13
V. Results 17
1. Preliminary analysis 17
2. Legal origins 21
3. Bank vs. market based system 25
VI. Concluding remark 30
Reference 32
APPENDIX 34
A. Data source 34