Is More Finance Better? Disentangling Intermediation and Size Effects of Financial Systems

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How researchers see this paper

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Financial Stability and Economic Performance (2015, neutral): “This topic has emerged in the academic debate since the crisis (Arcand et al., 2012 ; Cecchetti and Kharroubi, 2012 ; Beck et al., 2014).”
Too much finance? (2015, positive): “Beck et al. (2014) explore the ‘financial center view’ based on the idea that large financial sectors arise as export sectors in response to specific comparative advantages and find that, while intermediation activities have a positive effect on growth, an expansion of the financial sectors along…”
The effects of financialization on investment: evidence from firm-level data for the UK (2018, background): “Recently after the 2007-2008 crash, the disproportionate growth of the financial system has been questioned in some mainstream contributions as well (Cecchetti and Kharroubi, 2012; Beck et al., 2014).”
Financial development, real sector, and economic growth (2015, neutral): “3957 (9) Liquid liabilities to GDP 48.”