The literature highlights the role of finance in growth. There is evidence on the connection (correlation and … causalities) between deeper finance (banking and non banking) and growth. We ask if some countries achieve better results, in … terms of growth, with comparable levels of finance. To answer the question we construct a best practices frontier, where we …

Abstract The question of aggregate welfare over time makes business cycle studies important. Finance studies allocation … uncertainty. This paper attempts to shed light on how finance can be integrated into business cycle theory to provide richer and …

infrastructure led economic growth”. Finance is found to be a leading sector only in the short-term link in Granger causality tests …

In the first meta-study on the finance-growth nexus, we bridge the gap between Schumpeterian authors and sympathizers …, while we find only partial support for their position on the lack of substantial empirical evidence on a positive finance …

provide new insights into the two contrasting theories in the finance-inequality nexus. …

Hitherto very few studies on the inequality-finance(investment) nexus have focused on the African continent owing to … how finance affects pro-poor investment channels. Findings reveal, but for the case of foreign investment, financial …