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...

Full beskrivning

Bibliografiska uppgifter
Huvudupphovsman: Dabla-Norris, Era
Övriga upphovsmän: Srivisal, Narapong
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