The last session will take place after lunch at which Peter Bull will present his book on ESCB statistics to mark the 20th anniversary of the ESCB Statistics Committee Ladies and gentlemen, allow me to finish by thanking the chairs, the speakers, the discussants and the many distinguished participants in this conference.
Moreover, returns to scale may have accrued to bankers in the form of high compensation rather than to the stakeholders with “skin in the game”, i.e. a bank’s owners.4 A too large and a very well paid financial sector may also have deprived other sectors of some of the most productive human resources.5 What makes the financial sector grow too big?