economic growth that has accumulated over the past quarter-century. The bulk of the historical evidence suggests that financial … development a¤ects economic growth in a positive, monotonic way, yet recent research endeavors have provided useful and important … society, as well as the channels through which finance can slow down long-term growth. …

explores implications for growth, innovation, inflation, financial markets, fiscal policy, and several socio-economic outcomes …

This paper examines the relationship between stock market development and economic growth in case of Argentina … growth. …

This paper examines the relationship between stock market development and economic growth in case of Argentina … growth. -- stock market development ; economic growth ; VEC models ; Granger causality ; exogeneity …

This paper analyzes growth and welfare effects of income taxation in a stochastic endogenous growth model with … effect on the expected growth rate. Paradoxically, this may induce welfare gains. The opposite results can be derived for a … ascribed to the specific int eraction of consumption and portfolio choice in the determination of growth and welfare. …

) in recent years. The impact on bank funding and economic growth in the region cannot be ignored. This paper examines the … extent to which Fintech has affected bank funding and economic growth in the region by utilizing data from 56 banks across 19 … financial system has ultimately restricted its effects on economic growth in SSA. Furthermore, the study did not find evidence …

We obtain time series estimates of the long run growth rates of 17 OECD countries, and test the hypothesis that these … long run growth rates, and; (ii) any policies that can raise national growth rates must be international in scope. The … results therefore have bleak implications for the ability of countries to affect their long run growth rates. …

determinants of growth rates of per capita GDP among countries using two variants of Edward Leamerâ??s extreme-bounds analysis is … the factors that most affect differences of growth rates are ones that are beyond the control of policymakers. …

This paper examines whether growth regressions should incorporate dualism and structural change. If there is a … factor productivity. The paper develops empirical growth models that allow for this effect in a more flexible way than … labour can explain a significant fraction of the international variation in TFP growth. …

Many theoretical models show that redistribution causes low growth or capital outflows even though empirically … redistribution and growth are often found to be positively associated across countries. This paper argues that tax competition and … the danger of capital outflows leads optimizing governments to pursue high growth, no redistribution policies in …