Too Much Finance? /

This paper examines whether there is a threshold above which financial development no longer has a positive effect on economic growth. We use different empirical approaches to show that there can indeed be "too much" finance. In particular, our results suggest that finance starts having a...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Berkes, Enrico
Beste egile batzuk: Arcand, Jean-Louis, Panizza, Ugo
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2012.
Saila:IMF Working Papers; Working Paper ; No. 2012/161
Sarrera elektronikoa:Full text available on IMF