Is Government Ownership of Banks Really Harmful to Growth?

Is government ownership of banks really harmful to growth ?

We show that previous results suggesting that government ownership of banks is associated with lower long run growth rates are not robust to adding more ‘fundamental’ determinants of economic growth. We also present new cross-country evidence for 1995-2007 which suggests that, if anything, government ownership of banks has been robustly associated with higher long run growth rates. While acknow...

Anja Shortland Is Government Ownership of Banks Really Harmful to Growth ? May 2009

We show that previous results suggesting that government ownership of banks has a negative effect on economic growth are not robust to adding more „fundamental‟ determinants of economic growth, such as institutions. We also present regression results from a more recent period (1995-2007) which suggest that, if anything, government ownership of banks has been associated with higher long run grow...

Is Income Inequality Really Not Harmful for Economic Growth?∗

We show that in an AK model of endogenous growth with CRRA specifications for both private and public consumption goods, income inequality exerts theoretically ambiguous effects on the optimal capital tax rate and the economy’s growth rate. In a calibrated version of the model, we find that the parameter space can be clearly divided into regions that exhibit a positive or negative relationship ...

HPV Vaccine, Is It Really Harmful?

which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited. Cervical cancer is considered a preventable disease because it has causative agent called Human Papilloma Virus (HPV). HPV infection was detected in up to 99% of women with squamous cell carcinoma of uterine cervix. Two HPV vaccines are approv­ ed by the U.S...

Hydroxychloroquine in psoriasis: is it really harmful?