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Does financial activity cause economic growth?
Graff, Michael; Karmann, Alexander - 2001 - Revised 1.2.2001
To clarify the causal links between financial activity and economic growth, three theoretical models are analyzed and a structural equation path models is estimated. In the modeling part, poverty traps result from large fixed costs or high proportions of real investment to run a financial...
Persistent link: https://www.econbiz.de/10010506650
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Does financial activity cause economic growth?
Graff, Michael; Karmann, Alexander - 2001
Persistent link: https://www.econbiz.de/10001565895
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Does financial activity cause economic growth?
Graff, Michael; Karmann, Alexander - 2001
To clarify the causal links between financial activity and economic growth, three theoretical models are analyzed and a structural equation path models is estimated. In the modeling part, poverty traps result from large fixed costs or high proportions of real investment to run a financial...
Persistent link: https://www.econbiz.de/10010305424
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Financial development and economic growth : theory and experiences from developing countries
Hermes, Niels (ed.) - 1996 - 1. publ.
Persistent link: https://www.econbiz.de/10013346259
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Inflation and economic growth : a review of the international literature
Akinsola, Foluso A.; Odhiambo, Nicholas M. - In: Comparative economic research : Central and Eastern Europe 20 (2017) 3, pp. 41-56
This paper surveys the existing literature on the relationship between inflation and economic growth in developed and … developing countries, highlighting the theoretical and empirical indications. The study finds that the impact of inflation on … overwhelming support in favour of a negative relationship between inflation and growth, especially in developed economies. However …
Persistent link: https://www.econbiz.de/10011875376
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Liquidity risk and banks' asset composition : implications for monetary policy
Ghossoub, Edgar - In: Southern economic journal 77 (2010) 2, pp. 465-481
Persistent link: https://www.econbiz.de/10008735701
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As You Sow so Shall You Reap : Public Investment Surges, Growth, and Debt Sustainability in Togo
Andrle, Michal - 2014
This paper presents an analysis of the public investment scaling-up strategy for Togo using a dynamic macroeconomic model that explicitly analyzes the links between public investment, economic growth, and debt sustainability. In the model, public capital is productive and complementary to...
Persistent link: https://www.econbiz.de/10013065700
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The Growth Comeback in Developing Economies : A New Hope or Back to the Future?
Bluedorn, John C. - 2013
finds that recent takeoffs are associated with stronger economic conditions, such as lower post-takeoff debt and inflation …
Persistent link: https://www.econbiz.de/10013080449
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Causality between Public Investment in Transport and Communication and Economic Growth
Bose, Niloy; Haque, M. Emranul - 2005
This paper aims to provide an explanation for the robust and consistent relationship between public investment in transport and communication and economic growth that has frequently surfaced in recent empirical studies. Using both informal and formal causality tests, the paper finds that, for a...
Persistent link: https://www.econbiz.de/10014063433