RDP 9213: The Impact of Financial Intermediaries on Resource Allocation and Economic Growth Equation

ExpectedReturntoBank=0.5×[ ( 0.1×80 )+( 0.9×100×( 1+ R L ) ) ]+ 0.5×[ ( 0.4×67 )+( 0.6×100×( 1+ R L ) ) ] MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacaqGfb GaaeiEaiaabchacaqGLbGaae4yaiaabshacaqGLbGaaeizaiaaykW7 caqGsbGaaeyzaiaabshacaqG1bGaaeOCaiaab6gacaaMc8UaaeiDai aab+gacaaMc8UaaeOqaiaabggacaqGUbGaae4Aaiabg2da9iaaicda caGGUaGaaGynaiabgEna0oaadmaabaWaaeWaaeaacaaIWaGaaiOlai aaigdacqGHxdaTcaaI4aGaaGimaaGaayjkaiaawMcaaiabgUcaRmaa bmaabaGaaGimaiaac6cacaaI5aGaey41aqRaaGymaiaaicdacaaIWa Gaey41aq7aaeWaaeaacaaIXaGaey4kaSIaaeOuamaaBaaaleaacaqG mbaabeaaaOGaayjkaiaawMcaaaGaayjkaiaawMcaaaGaay5waiaaw2 faaiabgUcaRaqaaiaaicdacaGGUaGaaGynaiabgEna0oaadmaabaWa aeWaaeaacaaIWaGaaiOlaiaaisdacqGHxdaTcaaI2aGaaG4naaGaay jkaiaawMcaaiabgUcaRmaabmaabaGaaGimaiaac6cacaaI2aGaey41 aqRaaGymaiaaicdacaaIWaGaey41aq7aaeWaaeaacaaIXaGaey4kaS IaaeOuamaaBaaaleaacaqGmbaabeaaaOGaayjkaiaawMcaaaGaayjk aiaawMcaaaGaay5waiaaw2faaaaaaa@89B4@