Puzzles in financial development and economic growth. [Poster]

Giorgioni, Gianluigi; Ghimire, Binam Raj

Abstract

This work tests the robustness of two important puzzles regarding the relationship of financial development and economic growth documented in a number of recent papers. The first puzzle relates to the finding that banks have a positive effect upon economic growth in the long run but a negative one in the short run. The second is about the positive effect of stock markets upon economic growth irrespective of time horizons.

Citation

GIORGIONI, G. and GHIMIRE, B.R. 2008. Puzzles in financial development and economic growth. [Poster]. Presented at the 4th Economic and Social Data Service international annual conference (ESDS 2008), 1 December 2008, London, UK.

• Presentation Conference Type: Poster
• Conference Name: 4th Economic and Social Data Service international annual conference (ESDS 2008)
• Start Date: Dec 1, 2008
• Deposit Date: Aug 21, 2024
• Publicly Available Date: Aug 21, 2024
• Peer Reviewed: Peer Reviewed
• Keywords: Financial development; Economic growth; Banks; Stock markets
• Public URL: https://rgu-repository.worktribe.com/output/2440333
• Related Public URLs: https://rgu-repository.worktribe.com/output/2439597 (Journal Article); https://rgu-repository.worktribe.com/output/2440342 (Presentation)