Herwartz, Helmut; Walle, Yabibal M. - In: Economic Modelling 37 (2014) C, pp. 417-427
Noting that “one size does not fit all” in the case of the finance–development (FD) relationship, a growing body of literature has recently focused on uncovering economic conditions under which financial development could be beneficial (detrimental) to economic development. We look into...