1999•RePEc: Research Papers in EconomicsRequires access

Financial repression, financial development and economic growth

Joseph H. Haslag, Jahyeong Koo

Open publisher page 88 citations

Abstract

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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What this paper is about

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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Available abstract

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

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