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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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Détails bibliographiques
Cote:Libro Electrónico
Auteurs principaux: Arcand, Jean-Louis (Auteur), Berkes, Enrico (Auteur), Panizza, Ugo (Auteur)
Format: Électronique eBook
Langue:Inglés
Publié: [Washington, D.C.] : International Monetary Fund, ©2012.
Collection:IMF working paper ; WP/12/161.
Sujets:
Accès en ligne:Texto completo