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The Effect of Inflation on the Size of Financial Sector , The Case of Iran

Vahid Taghinezhadomran; Majid Hassani

Volume 14, Issue 42 , April 2010, , Pages 75-99

Abstract
  Part of  harmful effects of inflation on the economy stems from the financial sector. This paper argues that inflation shifts resources from manufacturing sector to financial sector leading to an increase in the relative size of financial sector. This shift of resources can be viewed as a harmful ...  Read More