Revisiting the Link Between Finance and Macroeconomic Volatility /

This paper examines the impact of financial depth on macroeconomic volatility using a dynamic panel analysis for 110 advanced and developing countries. We find that financial depth plays a significant role in dampening the volatility of output, consumption, and investment growth, but only up to a ce...

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Xehetasun bibliografikoak
Egile nagusia: Dabla-Norris, Era
Beste egile batzuk: Srivisal, Narapong
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2013.
Saila:IMF Working Papers; Working Paper ; No. 2013/029
Sarrera elektronikoa:Full text available on IMF