Récents développements de la littérature sur la finance et la croissance économique

Jude Eggoh ()

Mondes en développement, 2011, vol. n°155, issue 3, 141-150

Abstract: This paper summarizes some recent contributions on the relationship between financial development and economic growth. The theoretical models show that financial development affects growth through risk diversification, intermediation improvement and reduction of information asymmetry. The empirical estimations confirm the overall theoretical results and suggest that economic growth is positively linked to financial development.

Keywords: financial development; economic growth (search for similar items in EconPapers)
Date: 2011
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