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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...

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Bibliographic Details
Call Number:Libro Electrónico
Main Authors: Arcand, Jean-Louis (Author), Berkes, Enrico (Author), Panizza, Ugo (Author)
Format: Electronic eBook
Language:Inglés
Published: [Washington, D.C.] : International Monetary Fund, ©2012.
Series:IMF working paper ; WP/12/161.
Subjects:
Online Access:Texto completo