Financial repression, financial development and economic growth
Joseph H. Haslag, Jahyeong Koo
Abstract
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Joseph H. Haslag, Jahyeong Koo
Abstract
Open-access reader
In this paper, we examine the empirical relationship between financial repression, financial development, and growth. Theory has developed in which financial repression and growth are linked. The main contribution of this paper is to look at two parts. First, what, if any, is the empirical link between financial repression and growth, controlling for the level of financial development. Second, is there an empirical link between financial repression and financial development?
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In this paper, we examine the empirical relationship between financial repression, financial development, and growth. Theory has developed in which financial repression and growth are linked. The main contribution of this paper is to look at two parts. First, what, if any, is the empirical link between financial repression and growth, controlling for the level of financial development. Second, is there an empirical link between financial repression and financial development?
Key concepts: Financial repression, Psychological repression, Geography of finance, Finance, Economics, Empirical research, Financial system, Financial intermediary