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...
Huvudupphovsman: | |
---|---|
Övriga upphovsmän: | |
Materialtyp: | Tidskrift |
Språk: | English |
Publicerad: |
Washington, D.C. :
International Monetary Fund,
2013.
|
Serie: | IMF Working Papers; Working Paper ;
No. 2013/029 |
Länkar: | Full text available on IMF |