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This paper shows that finance has been a key ingredient of long-term economic growth in OECD and G20 countries over the past half-century, but that there can be too much finance. The evidence indicates that at current levels of household and business credit further expansion slows rather than...
Persistent link: https://www.econbiz.de/10011399476
Persistent link: https://www.econbiz.de/10002380654
This paper shows that finance has been a key ingredient of long-term economic growth in OECD and G20 countries over the past half-century, but that there can be too much finance. The evidence indicates that at current levels of household and business credit further expansion slows rather than...
Persistent link: https://www.econbiz.de/10013017032
Persistent link: https://www.econbiz.de/10009637562
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Persistent link: https://www.econbiz.de/10000369458
There are noticeable differences between the roles that various forms of credit financing play in family businesses and … these differences in financing choices? Do family businesses tend to use shorter-term, more expensive sources of financing … econometric approach to these issues is to study the financing behaviour and creditworthiness. For both of these aspects, we …
Persistent link: https://www.econbiz.de/10008901888
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