The Finance-Growth Nexus is a classical source of debate among economists. This contribution offers regional evidence … countries. The results for this application support the view that finance leads growth, reject its possible endogeneity and …

economic growth. The key issues of the modern theories of the finance-growth nexus are discussed and the theories are … as the finance-growth nexus in resource rich economies. The challenges this research program is facing are also …

This paper studies the remittances' effect on economic growth. Using panel data techniques, the authors estimate … stimulate growth only when they are invested. Moreover, empirical results suggest that remittances can enhance growth by … encouraging human capital accumulation. Human capital is therefore an effective channel through which remittances stimulate growth …

In this paper we explore empirically a long-standing question in the literature on finance for growth. namely whether … growth. We build upon the existing literature by constructing a new measure of the "balancedness" of the financial structure … the capital markets- is associated with higher economic growth. Such finding points to banks and capital markets being …

: it increases the welfare of this group and also contributes to financial development, which is a driver of growth …