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...
| Autor principal: | |
|---|---|
| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
1999.
|
| Colecção: | IMF Working Papers; Working Paper ;
No. 1999/036 |
| Acesso em linha: | Full text available on IMF |