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May 25, 2026
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?

Financial sector: Does size matter?

Economics Bulletin. 2013. Vol. 33. No. 3. P. 1991–2000.
Zhuravleva T.

Huge empirical literature suggests the strong positive relationship between economic growth and size of financial sector. We document that this relationship is not robust, while the efficiency of financial sector measured by interest rate spread is strongly related to current and subsequent economic growth.

Language: English
Keywords: factors of financial efficiency
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