Finance-growth nexus: Insights from an application of threshold regression model to Malaysia's dual financial system
The purpose of this paper is to test the growing converging views regarding the destabilizing and growth-halting impact of interest-based debt financial system. The views are as advocated by the followers of Keynes and Hyman Minsky and those of Islam. Islam discourages interest rate based debt finan...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2016-06-01
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Series: | Borsa Istanbul Review |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845015300235 |