Too much finance or statistical illusion: a comment

Arcand, Jean-Louis L ; Berkes, Enrico ; Panizza, Ugo

Geneva : The Graduate Institute, 2015 . - 10 p.

Graduate Institute of International and Development Studies Working Paper ; no. 12/2015

Abstract: A recent policy brief from the Peterson Institute suggests that the “Too Much Finance” result may be an artifact of spurious attribution of causality. While more works needs do be done to understand the links between finance and growth and explore the drivers of possible non-monotonicities, this note shows that the too much finance result is robust.


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Academic Departments > International Economics Department
Research Clusters > Development Policies and Practices
Research Clusters > Trade and Economic Integration
Research Clusters > Finance and Development
Research Clusters > Governance
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 Record created 2015-07-08, last modified 2017-10-24


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