References
- Abu Asab, N., & Al-Tarawneh, A. (2018). The impact of inflation on investment: the non-linear nexus and inflation threshold in Jordan. Modern Applied Science, 12(12), 113–15. https://doi.org/10.5539/mas.v12n12p113
- Abu Asab, N., & Cuestas, J. C. (2021). Towards adopting inflation targeting: the credibility and limitations of monetary policy under the fixed exchange system: the case of Jordan. The World Economy, 44(1), 262–285. https://doi.org/10.1111/twec.12964
- Alimi, R. (2014). Inflation and financial sector performance: the case of Nigeria. Timisoara Journal of Economics and Business, 7(1), 55–69. https://doi.org/10.2478/tjeb-2014-0003
- Almalki, A., & Batayneh, K. (2015). The relationship between inflation and financial development in Saudi Arabia. THE JOURNAL OF DEVELOPING AREAS, 49(6), 421–427. https://ideas.repec.org/a/jda/journl/vol.49year2015issue6pp321-332.html
- Central Bank of Jordan, Annual Report. (2008). https://www.cbj.gov.jo/EchoBusV3.0/SystemAssets/6210bdfa-dc98-4abe-982f-7749ffc62c9f.pdf
- Central Bank of Jordan, Annual Report. (2009). https://www.cbj.gov.jo/EchoBusV3.0/SystemAssets/5ad818b3-d55b-4fd4-8202-f82f55965ab1.pdf
- Central Bank of Jordan (CBJ), Financial Stability Report (2017). https://www.cbj.gov.jo/EchoBusv3.0/SystemAssets/PDFs/EN/Financial%20Stability%20Report%202017Final%203-1–2019.pdf
- Central Bank of Jordan (CBJ), Financial Stability Report (2018). https://www.cbj.gov.jo/EchoBusv3.0/SystemAssets/PDFs/2018/JFSR-A-2018%2027-08-2019%20final%20for%20publishing.pdf
- Azariadas, C., & Smith, B. (1996). Private information, money and growth: indeterminacies, fluctuations, and the Mundell-Tobin effect. Journal of Economic Growth, 1, 309–322. https://doi.org/10.1007/BF00141041
- Bittencourt, M. (2011). Inflation and financial development: evidence from Brazil. Economic Modeling, 28(1–2), 91–99. https://doi.org/10.1016/j.econmod.2010.09.021
- Bose, N., & Cothren, R. (1996). Equilibrium loan contracts and endogenous growth in the presence of asymmetric information. Journal of Monetary Economics, 38(2), 363–376. https://doi.org/10.1016/S0304-3932(96)01275-5
- Bose, N., & Cothren, R. (1997). Asymmetric information and loan contracts in a neoclassical growth model. Journal of Money, Credit, and Banking, 29(4), 423–439. https://doi.org/10.2307/2953706
- Boyd, J., Levine, R., & Smith, B. (2001). The impact of inflation on financial market performance. Journal of Monetary Economics, 47(2), 221–228. https://doi.org/10.1016/S0304-3932(01)00049-6
- Boyed, J. & Champ, B. (2003). Inflation and financial market performance: what have we learned in the last ten years. Working Paper 03-17. Federal Reserve Bank of Cleveland. https://www.clevelandfed.org/~/media/content/newsroom%20and%20events/publications/working%20papers/2003/wp%200317%20inflation%20and%20financial%20pdf.pdf?la=en
- Choi, S. Smith, B. & Boyd, J. (1996). Inflation, financial markets, and capital formation. Federal Reserve Bank of St. Louis Review, 78, 9 –35. https://files.stlouisfed.org/files/htdocs/publications/review/96/05/9605sc1.pdf
- Dong-Hyeon, K., & Shu-Chin, L. (2010). Dynamic relationship between inflation and financial development. Macroeconomic Dynamics, 14(3), 343–364. https://doi.org/10.1017/S1365100509090312
- Emmanuel, N. (2012). Inflation and financial development: evidence. American Journal of Economics and Business Administration, 4(4), 227–236. https://doi.org/10.3844/ajebasp.2012.227.236
- Engle, F., & Granger, J. (1987). Cointegration and error-correction: Representation, estimation and testing. Econometrica, 55(2), 251–276. https://doi.org/10.2307/1913236
- English, B. (1999). Inflation and financial sector size. Journal of Monetary Economics, 44(3), 379–400. https://doi.org/10.1016/S0304-3932(99)00033-1
- Fariz, Z. (2018, April 26). Jordan: A shock-proof financial sector. Leading Edge, pp.1 https://leadingedgeguides.com/guide-jordan-2018-shock-proof-financial-sector/
- Financial Stability Report. (2018). Central Bank of Jordan (CBJ). https://www.cbj.gov.jo/EchoBusv3.0/SystemAssets/PDFs/2018/JFSR-A-2018%2027-08-2019%20final%20for%20publishing.pdf.
- Haug, A. (2002). Temporal aggregation and the power of cointegration tests: A monte carlo study. Oxford Bulletin of Economics and Statistics, 64(4), 399–412. https://doi.org/10.1111/1468-0084.00025
- Huybens, E., & Smith, B. (1998). Financial market frictions, monetary policy, and capital accumulation in a small open economy’. Journal of Economic Theory, 81(2), 353–400. https://doi.org/10.1006/jeth.1997.2372
- Huybens, E., & Smith, B. (1999). Inflation, financial market, and long-run real activity. Journal of Monetary Economics, 43(2), 283–315. https://www.sciencedirect.com/science/article/abs/pii/S0304393298000609 https://doi.org/10.1016/S0304-3932(98)00060-9
- Johansen, S. (1992). Cointegration in partial systems and the efficiency of single equation analysis. Journal of Econometrics, 52(3), 389–402. https://doi.org/10.1016/0304-4076(92)90019-N
- Johansen, S., & Juselius, K. (1990). Maximum likelihood estimation and inference on cointegration with applications to the demand for money’. Oxford Bulletin of Economics and Statistics, 52(2), 169–210. https://doi.org/10.1111/j.1468-0084.1990.mp52002003.x
- Jung, S. (1986). Financial development and economic growth: International evidence. Economic Development and Cultural Change, 34(2), 333–346. https://doi.org/10.1086/451531
- Keho, Y. (2009). Inflation and financial development: cointegration and causality analysis for the UEMOA countries. International Research Journal of Finance and Economics, 27(10), 117–123. https://www.researchgate.net/publication/286643809_Inflation_and_financial_development_Cointegration_and_causality_analysis_for_the_UEMOA_countries
- Khan, M. S. (2002, November 12 – 13). Inflation, Financial Deepening, and Economic Growth [Paper presentation]. The Banco de Mexico Conference on Macroeconomic Stability, Financial Markets and Economic Development, Mexico City, Mexico.
- Khan, S., Senhadji, S., & Smith, D. (2001). Inflation and financial depth (1 st Edn ed., pp. 30). International Monetary Fund.
- Kim, H. Lin, C., & Suen, B. (2010). Dynamic relationship between inflation and financial development. Macroeconomics Dynamics, 14 (3), 343-364. https://doi.org/10.1018/S1365100509090312
- King, R., & Levine, R. (1993a). Finance and growth: Schumpeter might be right. Quarterly Journal of Economics, 108(3), 717–737. https://doi.org/10.2307/2118406
- King, R., & Levine, R. (1993b). Finance, entrepreneurship and growth: Theory and evidence. Journal of Monetary Economics, 32(3), 513–542. https://doi.org/10.1016/0304-3932(93)90028-E
- Lee, C., & Wong, Y. (2005). Inflation thresholds effects in the relationship between financial development and economics growth: evidence from Taiwan and Japan. Journal of Economic Development, 30(1), 49–68. https://core.ac.uk/download/pdf/6294638.pdf
- Levine, R., & Zervos, S. (1996). Stock market development and long-run growth. World Bank Review, 10(2), 323–339. https://doi.org/10.1093/wber/10.2.323
- Levine, R., & Zervos, S. (1998). Stock markets, banks and growth. American Economic Review, 88(3), 537–558. http://links.jstor.org/sici?sici=0002-8282%28199806%2988%3A3%3C537%3ASMBAEG%3E2.0.CO%3B2-9
- Moore, J. (1986). Inflation and financial deepening. Journal of Development Economics, 20(1), 125–133. https://doi.org/10.1016/0304-3878(86)90008-8
- Naceur, B., & Ghazouani, S. (2005). Does inflation impact on financial performance in the MENA region?. Journal of Middle East Economics and Finance, 3(3), 219–229. https://doi.org/10.1080/14753680500407225
- Odhiambo, N. (2012). The impact of inflation on financial sector development: experience from Zambia. The Journal of Applied Business Research, 28(6), 1497–1508. https://doi.org/10.19030/jabr.v28i6.7357
- Ozturk, N., & Karagoz, K. (2012). Relationship between inflation and financial development: evidence from Turkey. International Journal of Alanya Faculty of Business, 4(2), 81–87. http://www.ajindex.com/dosyalar/makale/acarindex-1423869086.pdf
- Pagano, M. (1993). Financial markets and growth: an overview. European Economic Review, 37(2–3), 613–622. https://doi.org/10.1016/0014-2921(93)90051-B
- Pesaran, H., Shin, Y., & Smith, P. (2001). Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16(3), 289–326. https://doi.org/10.1002/jae.616
- Roubini, N., & Sala-I-Martin, X. (1992). Financial repression and economic growth. Journal of Development Economics, 39(1), 5–30. https://doi.org/10.1016/0304-3878(92)90055-E
- Rousseau, P., & Wachtel, P. (2002). Inflation thresholds and the finance –growth nexus. Journal of International Money and Finance, 21(6), 777–793. https://doi.org/10.1016/S0261-5606(02)00022-0
- Rousseau, P. L., & Wachtel, P. (2001). Inflation, financial development and growth. https://doi.org/10.1007/978-1-4615-1677-4_23
- Saint-Paul, G. (1992). Technological choice, financial markets and economic development. European Economic Review, 36(4), 763–781. https://doi.org/10.1016/0014-2921(92)90056-3
- Wahid, M., Shahbaz, M., & Azim, P. (2011). Inflation and financial sector correlation: the case of Bangladesh. International Journal of Economics and Financial Issues, 1(4), 145–152. http://econjournals.com/index.php/ijefi/article/view/42/pdf
- Wang, E. C. (1999). A production function approach for analyzing the finance – growth nexus: the evidence from Taiwan. Journal of Asian Economics, 10(2), 319–328. https://doi.org/10.1016/S1049-0078(99)00023-8
- Zermeño, M., Martínez, F., & Preciado, V. (2018). Effects of inflation on financial sector performance: New evidence from panel quantile regressions. Investigación económica / Escuela Nacional de Economía, Universidad Nacional Autónoma de México. 78. Ignacio Perrotini Hernández, FE, National Autonomous University of Mexico, Mexico. DOI:10.22201/FE.01851667P.2018.303.64156.