Publication of the REF 127 in november 2017

This issue of the Review of Financial Economy examines the nature of the link between finance and growth concerning the lessons to be drawn from the crisis and the relative instability of this relationship. In particular, the various articles seek to fill the gaps that remain in our understanding of the role of finance and its complex interaction with the real economy and, for the most part, aim to attempt to reconcile the two analytical frameworks that deal with the long-term and short-term effects of finance on growth.