This paper analyses the effect of bank profitability on economic growth. While policymakers have shown major concerns … for low levels of bank profitability, there are no empirical studies on the growth effects of bank profitability. To fill … this gap, we investigate the impact of bank profitability on economic growth using a sample of 133 countries during the …

This paper offers an alternative to the typical presentation of economic growth theory in standard introductory … convergence. For many students, the incentives to learn it are weak since the theory is abstract and its initial predictions … destruction and rent seeking as possible paths of the profit motive. In this case, not only can students find greater consistency …