Inflation Thresholds and the Finance-Growth Nexus

By Peter L. Rousseau, P. Wachtel. 2002

527 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/4a4adf82f5f30597f15116ba16d703e5dc977258

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Citations in the corpus

Financial inclusion and development : recent impact evidence (2014, background): “Some research indicates that the positive growth impact from financial intermediation does not hold in economies with weak institutional frameworks (Demetriades and Law 2006), such as poor or nonexistent financial regulation, or in extremely high-inflation environments (Rousseau and Wachtel 2002).”
Financial development and the FDI-growth nexus: the Malaysian experience (2009, background): “We subtract narrow money from broad money to focus on the intermediation activities provided by the banking system (see, e.g. Rousseau and Wachtel, 2002).”
Thresholds in the Finance-Growth Nexus : A Cross-Country Analysis (2011, unknown): “Besides Rousseau and Wachtel (2002), this study considered the thresholds in variables other than inflation.”
Does One Size Fit All?: A Reexamination of the Finance and Growth Relationship (2004, methodology): “Finally, Rousseau and Wachtel (2002) have shown that the effect of finance on growth is significantly reduced in high inflation environments, which may be more common in lower income countries with less developed financial markets.”
Linkages between Financial Deepening, Trade Openness and Economic Development: Causality Evidence from Sub-Saharan Africa (2009, background): “…development strategies in this connection may include greater macroeconomic stability, more appropriate macroeconomic policies or improved institutional quality, all of which may influence financial development favorably (e.g. Rousseau and Wachtel, 2002; Montiel, 2003; Demetriades and Law, 2006).”
Financial development and economic growth in Nigeria: Evidence from threshold modelling (2015, background): “2 Although there are a number of incisive studies which focus explicitly on a threshold perspective to the finance–growth nexus (see for instance, Rousseau and Wachtel, 2002, Rousseau and Yilmazkuday, 2009 and Yilmazkuday, 2011 among others), none of these have focused on Nigeria.”