Thresholds in the Finance-Growth Nexus : A Cross-Country Analysis
Thresholds of inflation, government size, trade openness, and per capita income for the finance-growth nexus are investigated using five-year averages of standard variables for 84 countries from 1965 to 2004. The results suggest that (i) high inflation crowds out positive effects of financial depth...
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| Format: | Journal Article |
| Language: | en_US |
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World Bank
2013
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| Online Access: | http://hdl.handle.net/10986/13475 |