growth in Taiwan. We find that the breakpoint obtained by Gregory and Hansen (1996) appears in the third quarter of 1982 … turned positive after financial openness, suggesting that appropriate volatility enhances Taiwan's economic growth under the … excess liquidity that impeded economic growth. Our long-run results are essentially the same even if we take the role of the …

major determinant of economic growth and productivity (Levine, Loayza and Beck 2000). Typically, paradigms are based on … that financial development and credit booms might not only support growth but jeopardize the whole economic system. While … there exists a huge literature on the finance growth nexus before the international financial crisis analyses on post …

We report evidence that the relation between the financial sector share, private savings and growth in the United … between financial development and growth evolves in a stepwise fashion. Theoretical models where financial market extensions …

-together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue that … religion can enhance or impinge upon economic growth through all four elements because it shapes individual preferences …

- together with standard growth models to frame the role of religion in economic growth. Unifying a growing literature, we argue … that religion can enhance or impinge upon economic growth through all four elements because it shapes individual …

The present study aims to investigate the financial liberalisation and growth nexus in Pakistan by using the FM … financial development promotes the economic growth of the country. Moreover, Investment, human capital, trade openness and … government expenditure are also significant contributors to economic growth. …

We examine the non-linearity between financial development and economic growth in China. Specifically, we use a … on growth in high-income provinces, but a strong negative impact on growth in low-income provinces. The results are … to have a negative impact on economic growth. …

This paper argues that the effect of a financial stimulus on growth can vary along quantiles of the conditional growth … distribution. We support this argument by presenting a theoretical finance–growth model, mainly inspired by Pagano (1993) and …), we present evidence that countries in the upper tail of the conditional growth distribution react more than countries in …

Sources of economic growth in Ghana have not been clear. Several studies have contributed to the finance and growth … uses macrodata to examine the linkages between financial development, remittances, and economic growth in Ghana. We …, growth-enhancing, and a certain level of financial development can drag down economic growth in the long term and the …