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...
Egile nagusia: | |
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Formatua: | Aldizkaria |
Hizkuntza: | English |
Argitaratua: |
Washington, D.C. :
International Monetary Fund,
1999.
|
Saila: | IMF Working Papers; Working Paper ;
No. 1999/036 |
Sarrera elektronikoa: | Full text available on IMF |