Financial Intermediary Development and Growth Volatility: Do Intermediaries Dampen Or Magnify Shocks?
Thorsten Beck · Mattias K. A. Lundberg · Giovanni Majnoni
Jan 2001 · World Bank Publications
Ebook
38
Pages
About this ebook
Panel data for 63 countries in 1960-97 reveal no robust relationship between the development of financial intermediaries and the volatility of growth.
Panel data for 63 countries in 1960-97 reveal no robust relationship between the development of financial intermediaries and the volatility of growth.
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