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BIS Working Papers
BIS Working PapersNo 490 Why does financial sector growth crowd out real economic growth? by Stephen G Cecchetti and Enisse Kharroubi Monetary and Economic Department February 2015 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 . The Papers are on subjects of topical interest and are technical in character. The views expressed in them are those of their authors and not necessarily the views of the BIS.
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
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