Relative Price Stability, Creditor Rights, and Financial Deepening /
The paper provides a theoretical and cross-country empirical analysis of the determinants of financial deepening, and finds that higher credit-to-GDP ratios are associated with stronger creditor rights and lower inflation, and that the marginal effect of improvements in creditor rights protection is...
| Main Author: | Druck, Pablo |
|---|---|
| Other Authors: | Dehesa, Mario, Plekhanov, Alexander |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2007.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2007/139 |
| Online Access: | Full text available on IMF |
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