Financial Stability and Economic Performance

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Role of Islamic banks in Indonesian banking industry: an empirical exploration (2020, background): “The Supply Leading Hypothesis (SLH), for instance, suggests that banks have a positive impact on economic growth (see Jokipii and Monnin, 2013; Creel et al. 2015; and Hogart, Reis and Saporta, 2002).”
The impact of the financial system on economic growth in the context of the global crisis: empirical evidence for the EU and OECD countries (2017, background): “Creel et al. (2015) test whether financial stability has a causal effect on economic performance and its subcomponents: consumption, investment and disposable income on different samples of EU countries.”