Financial Development, Financial Fragility, and Growth /

This paper studies the apparent contradictions between two strands of the literature on the effects of financial intermediation on economic activity. On the one hand, the empirical growth literature finds a positive effect of financial depth as measured by, for instance, private domestic credit and...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Loayza, Norman
Muut tekijät: Ranciere, Romain
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2005.
Sarja:IMF Working Papers; Working Paper ; No. 2005/170
Linkit:Full text available on IMF