There is a vast body of literature estimating the impact of financial development on economic
growth, inequality, and economic stability. A typical empirical study approximates financial …

The global financial crisis experience shone a spotlight on the dangers of financial systems
that have grown too big too fast. This note reexamines financial deepening, focusing on …

This paper examines whether there is a threshold above which financial depth no longer
has a positive effect on economic growth. We use different empirical approaches to show …

In light of Africa's palpable deficit in public infrastructure, we use System GMM to estimate a
model of economic growth augmented by an infrastructure variable, for a panel of 45 Sub …

Taking into account the complicated and multidimensional nature of financial development,
this study aims to investigate the impact of overall financial market development, institution …

The nexus of financialization and carbon emissions has been widely discussed in the
literature. A vast body of literature that estimates the impact of financialization on carbon …

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 …

The optimum economic outcome of financial system development depends on its level of
efficiency. The purpose of this study is to investigate the effect of institutional quality on …

In this paper, we study the impact of banking sector development on changes in economic
structure and growth. We argue that banking sector development has differential effects on …

This article empirically explores the finance‐growth relationship and the performance of the
financial system measured by financial depth, accessibility, and efficiency of both financial …