Abstract
The last decade saw an explosion in research interest on economic growth. In particular, there have been a large number of thorough empirical investigations of the differences in growth rates among countries over long periods of time. These studies tend to emphasize particular aspects or causes of the growth process. Among the important correlates of economic growth that have been studied are inflation and the extent of financial sector development. In this paper we examine the interaction between the growth-inflation and growth-finance relationships.
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Rousseau, P.L., Wachtel, P. (2001). Inflation, Financial Development and Growth. In: Negishi, T., Ramachandran, R.V., Mino, K. (eds) Economic Theory, Dynamics and Markets. Research Monographs in Japan-U.S. Business & Economics, vol 5. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-1677-4_23
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DOI: https://doi.org/10.1007/978-1-4615-1677-4_23
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