Explaining the Behavior of Financial Intermediation : Evidence from Transition Economies /
This paper investigates the effects of macroeconomic and structural variables on financial intermediation. To this end, it presents a theoretical foundation for two new measures of intermediation, the money multiplier and the ratio of private sector credit to monetary base. Results from panel estima...
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| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
1999.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 1999/036 |
| 在线阅读: | Full text available on IMF |