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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 …
Persistent link: https://www.econbiz.de/10011583563
The central objective of our paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main finding is that financial development contributes...
Persistent link: https://www.econbiz.de/10011305273
-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 …
Persistent link: https://www.econbiz.de/10014383297
- 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 …
Persistent link: https://www.econbiz.de/10014391202
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 … channels through which a very large financial sector can slow down economic growth. …
Persistent link: https://www.econbiz.de/10011658037
growth opportunities. Also,higher accountability and lower income inequality are associated with more ef-fective legal …
Persistent link: https://www.econbiz.de/10011338011
productive and active VC industry boosts innovation driven growth. …
Persistent link: https://www.econbiz.de/10011409024
Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects …. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid … declining rates of total factor productivity (TFP) growth and weaker capital accumulation as areas for concern in an European …
Persistent link: https://www.econbiz.de/10010517186
Even before the financial crisis of 2007/08, there were significant questions about Europe's long-term growth prospects …. After a long period of catching up with US levels of labour productivity, euro area productivity growth had, from the mid … declining rates of total factor productivity (TFP) growth and weaker capital accumulation as areas for concern in an European …
Persistent link: https://www.econbiz.de/10010496054
Persistent link: https://www.econbiz.de/10011492725