Similar Search Results

Gambacorta, Leonardo - 2014

Up to a point, banks and markets both foster economic growth. Beyond that limit, expanded bank lending or market … with financial crises, we find that the impact on GDP has been three times as severe for bank-oriented economies as it has …

Persistent link: https://www.econbiz.de/10013052174

Non-linearities in the relationship between finance and growth

Panizza, Ugo - 2017

This paper reviews the empirical literature on the links between finance and growth with a special focus on the empirical literature that has shown that the marginal contribution of financial depth to economic growth becomes negative in countries with large financial sectors (the "too much...

Persistent link: https://www.econbiz.de/10011658037

Impact of financial development on economic growth in the WAMZ : a heterogeneous panel data approach

Diallo, Ibrahima; Mendy, Isatou - In: West African journal of monetary and economic integration 17 (2017) 1, pp. 1-18

This paper investigates the impact of financial development on economic growth in the West African Monetary Zone (WAMZ) from 1990 through 2015 using a Heterogeneous Panel Data Approach. The study made use of Two (2) financial indicators: liquid liabilities of the financial system as a percent of...

Persistent link: https://www.econbiz.de/10013348358

Finance and poverty in Ethiopia: A household level analysis

Geda, Alemayehu; Shimeles, Abebe; Zerfu, Daniel - 2006

In this paper, using the rich household panel data of urban and rural Ethiopia that covers the period from 1994 to 2000, we attempted to establish the link between finance and poverty in Ethiopia. Our results show that access to finance is an important factor in consumption smoothing and hence...

Persistent link: https://www.econbiz.de/10010284746

The Theory of Financial Intermediation: An Essay On What It Does (Not) Explain

Scholtens, Bert; van Wensveen, Dick - 2003

This essay reflects upon the relationship between the current theory of financial intermediation and real-world practice. Our critical analysis of this theory leads to several building blocks of a new theory of financial intermediation. Current financial intermediation theory builds on the...

Persistent link: https://www.econbiz.de/10011689907

The Theory of Financial Intermediation: An Essay On What It Does (Not) Explain

Scholtens, Bert; Wensveen, Dick van - SUERF - The European Money and Finance Forum

Persistent link: https://www.econbiz.de/10005533079

Finance and Oil : Is There a Resource Curse in Financial Development?

Beck, Thorsten - 2011

finance and a smaller share of them uses bank loans, although there is the same level of demand as in other countries, thus …

Persistent link: https://www.econbiz.de/10013129169

Financial Development and Growth in the Caucasus and Central Asia

Poghosyan, Tigran - 2022

This paper presents stylized facts on financial development in the CCA countries relative to their EM and LIC peers and assesses how financial development can boost growth in the CCA. Drawing on IMF’s multidimensional index of financial development, we find that CCA countries have made...

Persistent link: https://www.econbiz.de/10014030320

Too Much Finance?

Arcand, Jean-Louis - 2012

not driven by output volatility, banking crises, low institutional quality, or by differences in bank regulation and …

Persistent link: https://www.econbiz.de/10013102199

The Effect of Financial Development on Unemployment in Nigeria : Do Measures of Financial Development Matter?

Raifu, Isiaka Akande - 2019

The goal of every government is to provide decent employment for its citizenries. This goal has, however, become unattainable in many countries, particularly in developing countries, including Nigeria. As a result, several empirical studies have been conducted with the goal to find macroeconomic...

Persistent link: https://www.econbiz.de/10012860394