paper, we empirically investigate whether bank liquidity creation fosters economic growth in a large emerging market, Russia … development on economic growth in Russia … economic growth for Russian regions in the period 2004–2012. Our results suggest that bank liquidity creation fosters economic …

The study investigated the relationship among remittances, financial development and economic growth in a panel of 20 … were found to have positive effects on economic growth both in the short and the long run. The interactive term showed that … financial development acted as a substitute in the remittances-growth relationship. Finally, unidirectional causal relationships …

We present an analysis of interregional consumption risk sharing in Russia between 1999 and 2009 using novel estimation … highly persistent in time and space. Nevertheless, regional consumption risk sharing in Russia is relatively high with 70 to …

The paper uses the dynamic GMM Model to examine the finance-growth nexus with panel data (1981-2010) from 24 African … countries. Evidence suggests that there is a positive relationship between finance and economic growth and that there is a bi …-directional causal relationship between finance and economic growth. To the extent that financial development and economic growth Granger …