This study contributes to understanding the role of financial development on economic
growth theoretically and empirically. In the theoretical part of the paper, by develo** a …

The voluminous empirical research on the effect of financial development on income
inequality has yielded mixed results. In this paper, we collect 2127 estimates reported in 116 …

This study investigates the role of financial and institutional development on economic
growth in the Association of Southeast Asian Nations (ASEAN) economies from 1995 to …

This book provides a compendium to the empirical work investigating the hypotheses
generated by recent banking theory. Such a compendium is overdue. Since the publication …

This paper examined an empirical investigation of whether financial development can boost
economic growth in Tunisia. We used an Autoregressive Distributed Lag method to assess …

This paper analyses the variables that moderate the impact of financial development on
economic growth based on theoretical and empirical evidences. We show that financial and …

This paper re-examines the empirical relationship between financial and economic
development while (i) taking into account their dynamics and (ii) differentiating between …

This paper revisits the question of whether the finance–growth nexus varies with the stages
of economic development. Using a novel threshold regression with the instrumental …

Экономические кризисы случаются не так уж редко. В 1945–2008 гг. в 66 странах,
рассмотренных К. Рейнхартом и К. Рогоффом, произошло 97 банковских кризисов1. Их …

We examine financial system architecture evolution and show that banks and markets
exhibit three forms of interaction: competition, complementarity and co‐evolution. Co …