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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Xehetasun bibliografikoak
Egile nagusia: Rother, Philipp
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