Abstract
This paper explore the effect of intelligence on financial development using data from 180 nations, over the period 2000–2012. The results provide strong support for the claim that intelligence is positively associated with the supply of finance to economy. This paper establishes that, moving from country with the mean IQ score (84.1) to the highest national IQ score (107.1) is associated with 3.6 fold increase in the size of banking sector. The positive effect of intelligence remains intact when we control for other antecedents of financial development.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
