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This paper develops endogenous growth models in which the government uses income taxation to finance different types of …
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Purpose - In a meta-study, we have bridged the gap between the pros and cons of a questionable finance-growth nexus … genuine effect exists between financial development and economic growth. A finance-growth nexus might not be appealing in our … consistent with the mainstream positive finance-growth nexus should provide new scholarly insights into the relationship …
Persistent link: https://www.econbiz.de/10011409927
Purpose - In a meta-study on the finance-growth nexus, we have bridged the gap between Schumpeterian authors and … sympathizers of a questionable finance-growth nexus. Design/methodology/approach - Over 20 fundamental characteristics that have … focused on the finance-growth nexus. …
Persistent link: https://www.econbiz.de/10011410019
With the spectre of the Euro crisis looming substantially large and scaring potential monetary unions, this study is a short-run trip to embryonic African monetary zones to assess the Schumpeterian thesis for positive spillovers of financial services on growth. Causality analysis is performed...
Persistent link: https://www.econbiz.de/10011410296
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 …
Persistent link: https://www.econbiz.de/10011410358
in the literature provide new insights into the finance-inequality nexus. Policy implications are discussed. …
Persistent link: https://www.econbiz.de/10011410368