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Too Much Finance
"Too Much Finance?" is a scholarly paper by Jean-Louis Arcand, Enrico Berkes, and Ugo Panizza. The paper was originally described in a 2011 VoxEU column, in 2012 it was issued as IMF working paper, and in 2015 was published by the Journal of Economic Growth. Contributions The paper provides empirical evidence for the hypothesis that there is a point after which a growing financial sector starts having a negative impact on economic growth. Popular Media On September 4, 2012, Time Magazine featured the article 'Bankers: Who Needs Them?', based on the working paper. The article features the same quote by James Tobin as the working paper: It further cites one of the authors, Ugo Panizza who summarizes the working paper as: On 26 September 2012 the BBC World Service programme Business Daily interviewed one of the authors - Ugo Panizza - on the issue of too much finance for a broadcast on the rise of digital currencies. On May 26, 2015, the Financial Times published a widely ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scholarly Paper
Academic publishing is the subfield of publishing which distributes academic research and scholarship. Most academic work is published in academic journal articles, books or theses. The part of academic written output that is not formally published but merely printed up or posted on the Internet is often called " grey literature". Most scientific and scholarly journals, and many academic and scholarly books, though not all, are based on some form of peer review or editorial refereeing to qualify texts for publication. Peer review quality and selectivity standards vary greatly from journal to journal, publisher to publisher, and field to field. Most established academic disciplines have their own journals and other outlets for publication, although many academic journals are somewhat interdisciplinary, and publish work from several distinct fields or subfields. There is also a tendency for existing journals to divide into specialized sections as the field itself becomes more ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jean-Louis Arcand
Jean-Louis Arcand (born 1964) is a Canadian economist. He is a professor of International Economics at the Graduate Institute of International and Development Studies in Geneva, where he also head of the PhD Development Economics programme. Arcand is also the head of the Department of Economics at the Graduate Institute. He is president of the Global Development Network, a founding fellow of the European Union Development Network and senior fellow at the Fondation pour les études et recherches en développement international. Diplomas Jean-Louis Arcand holds a PhD in economics from MIT. Contributions In 2012 Jean-Louis authored (with Enrico Berkes and Ugo Panizza) the IMF working paper Too Much Finance which establishes that: Career Jean-Louis Arcand is Director of the Centre for Finance and Development and a member of the Centre on Conflict, Development and Peacebuilding The Centre on Conflict, Development and Peacebuilding is an interdisciplinary research cent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Enrico Berkes
Enrico is both an Italian masculine given name and a surname, Enrico means homeowner, or king, derived from ''Heinrich'' of Germanic origin. It is also a given name in Ladino. Equivalents in other languages are Henry (English), Henri (French), Enrique (Spanish), Henrique (Portuguese) and Hendrik (Dutch). Notable people with the name include: Given name * Enrico Albertosi (born 1939), Italian former football goalkeeper * Enrico Alfonso (born 1988), Italian football player * Enrico Alvino (1808–1872), Italian architect and urban designer * Enrico Annoni (born 1966), retired Italian professional footballer * Enrico Arrigoni (1894–1986), Italian individualist anarchist * Enrico Baj (1924–2003), Italian artist and art writer * Enrico Banducci (1922–2007), American impresario * Enrico Barone (1859–1924), Italian economist * Enrico Berlinguer (1923–1984), Italian politician * Enrico Bertaggia (born 1964), Italian former racing driver * Enrico Betti (1823–1892), Italian math ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ugo Panizza
Ugo Panizza is an Italian economist. He is a professor of International Economics and Pictet Chair in Finance and Development at the Graduate Institute of International and Development Studies in Geneva. He is a vice-president of the Centre for Economic Policy Research (CEPR), the director of the International Center for Monetary and Banking Studies, the editor in Chief of Oxford Open Economics and International Development Policy, and the deputy director of the Centre for Finance and Development. Diplomas Panizza holds a PhD in economics from the Johns Hopkins University and a Laurea (BA) from the University of Turin. Contributions Panizza is known for co-establishing the concept of original sin in development economics, alongside economists Barry Eichengreen and Ricardo Hausmann. His work on the costs of sovereign default (joint with Eduardo Borensztein, Eduardo Levy Yeyati, Federico Sturzenegger, and Jeromin Zettelmeyer), on the links between finance and economic deve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
VoxEU
The Centre for Economic Policy Research (CEPR) is an independent, non‐partisan, pan‐European non‐profit organisation. Its mission is to enhance the quality of policy decisions through providing policy‐relevant research, based soundly in economic theory, to policymakers, the private sector and civil society. Rather than adopting the traditional in-house ‘think-tank’ research structure, CEPR appoints Research Fellows and Affiliates who remain in their home institutions (universities, research institutes, central bank research departments, and international organisations). CEPR’s network includes over 1,700 of the world's top economists from over 330 institutions in 30 countries. The results of the research conducted by the Centre's network are disseminated through a variety of publications, public meetings, workshops and conferences. Its headquarters is currently located in London. History CEPR was founded in 1983 by Richard Portes, FBA, CBE, to enhance the quality ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Journal Of Economic Growth
The ''Journal of Economic Growth'' is a peer-reviewed academic journal covering research in economic growth and dynamic macroeconomics. It was established in 1996 and is published by Springer Science+Business Media. Spring US, ISSN 1573-7020 The journal deals with both theories and their empirics, and examines the entire array of subject areas in economic growth, including neoclassical and endogenous growth models, growth and , , fertility, trade, development, migration, money, the |
Time Magazine
''Time'' (stylized in all caps) is an American news magazine based in New York City. For nearly a century, it was published weekly, but starting in March 2020 it transitioned to every other week. It was first published in New York City on March 3, 1923, and for many years it was run by its influential co-founder, Henry Luce. A European edition (''Time Europe'', formerly known as ''Time Atlantic'') is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition (''Time Asia'') is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. Since 2018, ''Time'' has been published by Time USA, LLC, owned by Marc Benioff, who acquired it from Meredith Corporation. History ''Time'' has been based in New York City since its first issue published on March 3, 1923, by Briton Hadden and Henry Luce. It was the first weekly news magazine in the United States. The t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Tobin
James Tobin (March 5, 1918 – March 11, 2002) was an American economist who served on the Council of Economic Advisers and consulted with the Board of Governors of the Federal Reserve System, and taught at Harvard and Yale Universities. He developed the ideas of Keynesian economics, and advocated government intervention to stabilize output and avoid recessions. His academic work included pioneering contributions to the study of investment, monetary and fiscal policy and financial markets. He also proposed an econometric model for censored dependent variables, the well-known tobit model. Along with fellow neo-Keynesian economist James Meade in 1977, Tobin proposed nominal GDP targeting as a monetary policy rule in 1980. Tobin received the Nobel Memorial Prize in Economic Sciences in 1981 for "creative and extensive work on the analysis of financial markets and their relations to expenditure decisions, employment, production and prices." Outside academia, Tobin was w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million ( US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a "Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Martin Wolf
Martin Harry Wolf (born 16 August 1946 in London) is a British journalist of Austrian-Dutch descent who focuses on economics. He is the associate editor and chief economics commentator at the ''Financial Times''. Early life Wolf was born in London, in 1946. His father Edmund was an Austrian Jewish playwright who escaped from Vienna to England before World War II. In London, Edmund met Wolf's mother, a Dutch Jew who had lost nearly thirty close relatives in the Holocaust. Wolf recalls that his background left him wary of political extremes and encouraged his interest in economics, as he felt economic policy mistakes were one of the root causes of World War II. He was an active supporter of the Labour Party until the early 1970s. Education Wolf was educated at University College School, a day independent school for boys in Hampstead in north west London, and in 1967 entered Corpus Christi College at Oxford University for his undergraduate studies. He initially studi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of International Settlements
The Bank for International Settlements (BIS) is an international financial institution owned by central banks that "fosters international monetary and financial cooperation and serves as a bank for central banks". The BIS carries out its work through its meetings, programmes and through the Basel Process – hosting international groups pursuing global financial stability and facilitating their interaction. It also provides banking services, but only to central banks and other international organizations. It is based in Basel, Switzerland, with representative offices in Hong Kong and Mexico City. History The BIS was established in 1930 by an intergovernmental agreement between Germany, Belgium, France, the United Kingdom, Italy, Japan, the United States, and Switzerland. It opened its doors in Basel, Switzerland, on 17 May 1930. The BIS was originally intended to facilitate reparations imposed on Germany by the Treaty of Versailles after World War I, and to act as the tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Graduate Institute
The Graduate Institute of International and Development Studies, or the Geneva Graduate Institute (french: Institut de hautes études internationales et du développement), abbreviated IHEID, is a government-accredited postgraduate institution of higher education located in Geneva, Switzerland. The current Geneva Graduate Institute was formed by a merger between the Graduate Institute of International Studies (french: Institut des hautes études internationales, abbreviated IHEI or HEI) and the Graduate Institute of Development Studies (, abbreviated IUED) in 2008. The institution counts one UN secretary-general (Kofi Annan), seven Nobel Prize recipients, one Pulitzer Prize winner, and numerous ambassadors, foreign ministers, and heads of state among its alumni and faculty. Founded by two senior League of Nations officials, the Graduate Institute maintains strong links with that international organisation's successor, the United Nations, and many alumni have gone on to work a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
