Financial Deepening in Mexico /

International comparisons reveal that-even controlling for a host of explanatory factors-credit depth is exceptionally low in Mexico. Using panel data methods linking credit growth and fundamentals, this paper estimates a long-term gap between actual and expected credit of about 40 percent of GDP. P...

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Bibliographic Details
Main Author: Herman, Alexander
Other Authors: Klemm, Alexander
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2017.
Series:IMF Working Papers; Working Paper ; No. 2017/019
Online Access:Full text available on IMF