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...

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Xehetasun bibliografikoak
Egile nagusia: Loayza, Norman
Beste egile batzuk: Ranciere, Romain
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2005.
Saila:IMF Working Papers; Working Paper ; No. 2005/170
Sarrera elektronikoa:Full text available on IMF

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