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Liliana Cernavca

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Open access Aug 2026

Financial Intermediation and Economic Growth: Empirical Evidence from the EU

Although the relationship between financial intermediation and economic growth has been widely investigated in both theoretical and empirical literature, there is still no consensus regarding its existence, intensity, direction, or functional form (linear vs. nonlinear). This study aims to empirically assess the nexus...

Liliana Cernavca, Bogdan Căpraru · 0 citations

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