In this paper, we reexamine empirically the finance/growth nexus. We argue that financial deepening should not only be assessed with familiar measures of financial activities outputs (e.g. credit volume), but also through its inputs (e.g. the relative number of employees in the financial...

This collection of articles by economists and historians of banking examines the question of financial crises and crashes in recent years. Theories and interpretations concerning the most recent financial crisis are first presented, followed by a debate concerning the ability of financial...