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The current consensus in the literature that the finance-growth nexus is more complex than previously thought has led to concerns about ‘too much finance’. This column looks at the effects of 'too much finance' on growth and propensity for banking crisis and finds some evidence of a detrimental effect, but not for highly financially developed countries. Even for countries with
Speakers and attendees in this highly interactive thematic event will also share recommendations for developing the right mix of skills to support a...
Polling on immigration shows a strong shift to the left, but survey responses in that vein mask a far more complicated reality.
While large businesses in Japan have seen a gradual increase in labour productivity since the global financial crisis, the productivity of SMEs remains stagnant. This column investigates the effects of the Japanese government’s Business Sustainable Subsidy programme, launched in response to this situation, on SMEs’ performance. The findings suggest that application to the
In the new study, researchers used targeted maximum likelihood estimation to identify the prognostic genes and estimate both the causal effects in cancer patients.