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| Daniel Giedeman and Ryan Compton |
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| ''A note on finance, inflation, and economic growth'' |
| ( 2009, Vol. 29 No.2 ) |
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| This paper examines the impact of inflation on the relationship between financial development and economic growth. Using panel-data techniques applied to observations from more than seventy-five countries, we find that the positive effect of financial development on economic growth diminishes as inflation increases. |
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| Manuscript Received : Dec 02 2008 | | Manuscript Accepted : Apr 30 2009 |
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