Relationship between the financial and the real economy: A bibliometric analysis

Recent trends in developed economies exhibit strong interdependencies between the stability of the financial sector and macroeconomic variables. The financial sector has become a vital part of the economy and the tendencies toward its higher complexity and a greater volume as a country progresses cr...

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Bibliographic Details
Published in:International review of economics & finance 2021-09, Vol.75, p.55-75
Main Authors: Zabavnik, Darja, Verbič, Miroslav
Format: Article
Language:English
Subjects:
Bibliometric analysis
Content analysis
Financial conditions
Financial markets
Real economy
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Summary:Recent trends in developed economies exhibit strong interdependencies between the stability of the financial sector and macroeconomic variables. The financial sector has become a vital part of the economy and the tendencies toward its higher complexity and a greater volume as a country progresses create numerous transmission channels through which economic performance can be affected. The purpose of this paper is to systematically present the development of the research field on the relationship between the financial and real economy by applying the bibliometric methodology and to identify the most prolific authors, journals and articles, whose contributions have significantly influenced the stream of knowledge in the observed research field. Additionally, we also present the content analysis of the top 50 most influential papers, whose contributions could be considered as a scientific breakthrough in the observed scope of the research.
ISSN:1059-0560
1873-8036
DOI:10.1016/j.iref.2021.04.014