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Daniel Giedeman and Ryan Compton
''A note on finance, inflation, and economic growth''
( 2009, Vol. 29 No.2 )
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.
Manuscript Received : Dec 02 2008 Manuscript Accepted : Apr 30 2009

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