BIS Working Papers
No 381
Reassessing the impact of
finance on growth
by Stephen G Cecchetti and Enisse Kharroubi
Monetary and Economic Department
July 2012
JEL classification: D92, E22, E44, O4
Keywords: Growth, financial development, credit booms, R&D
intensity, financial dependence
BIS Working Papers are written by members of the Monetary and Economic Department of
the Bank for International Settlements, and from time to time by other economists, and are
published by the Bank…
Words 8032 - Pages 33