NEW PUBLICATION: The answer is yes. When the credit-to-GDP ratio is above 96.5%, the effect of a further development of bank credit on the economic growth is not…
NEW WORKING PAPER: While it is widely recognized that the development of a sound financial system may contribute to foster economic growth, the relation between economic growth and…
It was very interesting to reread this special issue of Le Point published last summer. This issue displays a journalistic article on one page and an abstract of…
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