Too Much Finance? photograph

Too Much Finance?

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Originally published June 2012
AuthorsEnrico Berkes
Jean-Louis Arcand
Ugo Panizza
Date of Reg.
Date of Upd.
ID2918594
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About Too Much Finance?


This paper examines whether there is a threshold above which financial development no longer has a positive effect on economic growth. We use different empirical approaches to show that there can indeed be "too much" finance. . . .

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