A note on finance, inflation, and economic growth
AbstractThis paper examines the impact of inflation on the relationship between financial development and economic growth. Using panel-data techniques applied to observations from more than seventy-five countries, we find that the positive effect of financial development on economic growth diminishes as inflation increases.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 29 (2009)
Issue (Month): 2 ()
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- E0 - Macroeconomics and Monetary Economics - - General
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