While the literature on capital adequacy and bank recapitalization agrees on the importance of a minimum capital …

economic growth? Economic Inquiry 49, 276-288] find a weakening effect of bank finance on growth for more recent periods in …

This paper explores the long-run effects of inflation on the dynamics of private sector bank credit and economic growth … private sector bank credit in the economy exerts a positive impact on real GDP. In addition, inflation rates have contributed … increase in inflation is associated with a 0.07 % fall in long-run real rate of output through its effect on bank credit to the …

). Because regulations affecting bank entry varied considerably across states and the industrial organization of the U.S. banking …

were liquid liability divided by GDP, bank total credit to the private sector divided by GDP, foreign direct investment and … public expenditure. The regression result shows that the component of bank absolute size defined by liquid liability divided … by GDP is not positive in predicting growth. However, bank development defined by credit to the private sector divided by …