It takes the average reader and 50 minutes to read Too Much Finance? by Mr.Jean-Louis Arcand
Assuming a reading speed of 250 words per minute. Learn more
This paper examines whether there is a threshold above which financial development no longer has a positive effect on economic growth. We use different empirical approaches to show that there can indeed be "too much" finance. In particular, our results suggest that finance starts having a negative effect on output growth when credit to the private sector reaches 100% of GDP. We show that our results are consistent with the "vanishing effect" of financial development and that they are not driven by output volatility, banking crises, low institutional quality, or by differences in bank...
Too Much Finance? by Mr.Jean-Louis Arcand is 50 pages long, and a total of 12,500 words.
This makes it 17% the length of the average book. It also has 15% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 8 minutes to read Too Much Finance? aloud.
Too Much Finance? is suitable for students ages 8 and up.
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