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Does the financial sector occupy too much human capital?

Hedberg, Jonatan LU (2016) NEKH01 20152
Department of Economics
Abstract
This thesis studies if and when the size of the financial sectors starts to have a negative effect on economic growth. The size of the financial sector is modelled using employment in the sector. The study uses a panel data model with the EU15 countries covering the years from 1970 to 2007 (1985 to 2005 for some regressions). The results show that the positive contribution to growth of labour and skill allocated in the financial sector is diminishing, and that the diminishing aspect primarily acts through productivity. The effect does, however, not become negative.
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author
Hedberg, Jonatan LU
supervisor
organization
course
NEKH01 20152
year
type
M2 - Bachelor Degree
subject
keywords
Financial sector, Economic growth, Financial sector size, Human capital.
language
English
id
8604016
date added to LUP
2016-02-11 14:59:21
date last changed
2016-02-11 14:59:21
@misc{8604016,
  abstract     = {This thesis studies if and when the size of the financial sectors starts to have a negative effect on economic growth. The size of the financial sector is modelled using employment in the sector. The study uses a panel data model with the EU15 countries covering the years from 1970 to 2007 (1985 to 2005 for some regressions). The results show that the positive contribution to growth of labour and skill allocated in the financial sector is diminishing, and that the diminishing aspect primarily acts through productivity. The effect does, however, not become negative.},
  author       = {Hedberg, Jonatan},
  keyword      = {Financial sector,Economic growth,Financial sector size,Human capital.},
  language     = {eng},
  note         = {Student Paper},
  title        = {Does the financial sector occupy too much human capital?},
  year         = {2016},
}