Lauretta, Eliana; Chaudhry, Sajid M.; Mullineux, Andrew W. - 2016
endogenously generated by the established OTD (Originate-To-Distribute) model within the new finance-growth paradigm. Good finance … virtuous cycle), whereas bad finance captures part of the created wealth and, thanks to a highly technologically advanced … the wealth trap. A VUC index has been developed by us to capture the status quo of the finance-growth relationship. A …