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Why Does Credit Growth Crowd Out Real Economic Growth?
14 references·8 citing·40 second hop
Why Does Credit Growth Crowd Out Real Economic Growth? (2019)Why Does Credit Growth Crowd Out Real Eco…Finance and Business Cycles: The Credit-Driven Household Demand Channel (2018)Finance and Business Cycles: …Household Debt and Business Cycles Worldwide* (2017)Household Debt and Business C…An International Look at the Growth of Modern Finance (2013)An International Look at the …Reassessing the impact of finance on growth (2012)Reassessing the impact of fin…Fault Lines (2011)Fault LinesGrowth in a Time of Debt (2010)Growth in a Time of DebtA New Database of Financial Reforms (2008)A New Database of Financial R…Liquidity needs and vulnerability to financial underdevelopment (2005)Liquidity needs and vulnerabi…Industry growth and capital allocation: (2002)Industry growth and capital a…Financial Development and Economic Growth: Views and Agenda (1999)Financial Development and Eco…Determinants of economic growth: a cross-country empirical study (1997)Determinants of economic grow…Financial Dependence and Growth (1996)Financial Dependence and Grow…The Rate of Interest and Other Essays (1952)The Rate of Interest and Othe…Financial Development and Economic Growth: Views and AgendaFinancial Development and Eco…Structural Reforms and Economic Performance: The Experience of Advanced Economies (2025)Structural Reforms and Econom…On the linkages between digital finance and real economy in China: A cointegration analysis (2023)On the linkages between digit…Examining the role of financial innovation on economic growth: Fresh empirical evidence from developing and developed countries (2023)Examining the role of financi…Does financial development really spur industrialization in sub‐Saharan African countries? (2023)Does financial development re…The impact of bond market development on economic growth before and after the global financial crisis: Evidence from developed and developing countries (2021)The impact of bond market dev…Re-examining the effect of financial markets and institutions on economic growth: evidence from the OECD countries (2021)Re-examining the effect of fi…Thresholds in finance–growth nexus: Evidence from G‐7 economies (2020)Thresholds in finance–growth …Economic growth, corruption, and financial development: Global evidence (2020)Economic growth, corruption, …A Model of Growth Through Creative Destruction (1992)Inequality and Growth in a Panel of Countries (2000)Modernization, Cultural Change, and Democracy (2001)Economic growth and income inequality (2000-15) (2018)Money and Capital in Economic Development. (1974)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Is the Relationship Between Financial Development and Economic Growth Monotonic? Evidence from a Sample of Middle-Income Countries (2014)Finance and income inequality: A review and new evidence (2017)What Constrains Financial Inclusion for Women? Evidence from Indian Micro data (2017)The Twin Crises: The Causes of Banking and Balance-of-Payments Problems (1999)Finance and Growth: Theory and Evidence (2004)Financial Integration, Financial Development, and Global Imbalances (2009)Housing Markets and Structural Policies in OECD Countries (2011)Economic Freedom of the World: 2022 Annual Report (2022)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Credit Rationing in Markets with Imperfect Information (1981)A Contribution to the Empirics of Economic Growth (1992)Financial intermediation and growth: Causality and causes (2000)Law, finance, and economic growth in China (2005)On the mechanics of economic development (1988)Law and Finance (1998)The World Price of Insider Trading (2002)Finance, inequality and the poor (2007)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Golden Eggs and Hyperbolic Discounting (1997)Credit-Market Sentiment and the Business Cycle* (2017)Diagnostic Expectations and Credit Cycles (2017)The Cost of the Covid-19 Crisis: Lockdowns, Macroeconomic Expectations, and Consumer Spending (2020)The Quarterly Journal of Economics (2024)Legal Determinants of External Finance (1997)Law and finance: why does legal origin matter? (2003)Financing Innovation and Growth: Cash Flow, External Equity, and the 1990s R&D Boom (2009)Creditor rights, information sharing, and bank risk taking (2010)Finance and the sources of growth (2000)The Aftermath of Financial Crises (2009)From Financial Crash to Debt Crisis (2011)The entrepreneurial state: debunking public vs. private sector myths (2014)Editor's Choice Loan Originations and Defaults in the Mortgage Crisis: The Role of the Middle ClassThe Arc of Neoliberalism (2012)Presidential Address: Does Finance Benefit Society? (2015)
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  • 1996Financial Dependence and Growth8,055 cited
  • n.d.Financial Development and Economic Growth: Views and Agenda4,646 cited
  • 1999Financial Development and Economic Growth: Views and Agenda2,978 cited
  • 2010Growth in a Time of Debt2,778 cited
  • 1997Determinants of economic growth: a cross-country empirical study1,685 cited
  • 2008A New Database of Financial Reforms865 cited
  • 2017Household Debt and Business Cycles Worldwide*758 cited
  • 2012Reassessing the impact of finance on growth618 cited
  • 2002Industry growth and capital allocation:550 cited
  • 2011Fault Lines373 cited
  • 2005Liquidity needs and vulnerability to financial underdevelopment359 cited
  • 2018Finance and Business Cycles: The Credit-Driven Household Demand Channel249 cited
  • 1952The Rate of Interest and Other Essays232 cited
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Cited by

  • 2020Economic growth, corruption, and financial development: Global evidence266 cited
  • 2021Re-examining the effect of financial markets and institutions on economic growth: evidence from the OECD countries

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41 cited
  • 2021The impact of bond market development on economic growth before and after the global financial crisis: Evidence from developed and developing countries29 cited
  • 2023Examining the role of financial innovation on economic growth: Fresh empirical evidence from developing and developed countries29 cited
  • 2025Structural Reforms and Economic Performance: The Experience of Advanced Economies23 cited
  • 2020Thresholds in finance–growth nexus: Evidence from G‐7 economies20 cited
  • 2023On the linkages between digital finance and real economy in China: A cointegration analysis17 cited
  • 2023Does financial development really spur industrialization in sub‐Saharan African countries?11 cited