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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Hlavní autor: Berkes, Enrico
Další autoři: Arcand, Jean-Louis, Panizza, Ugo
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2012.
Edice:IMF Working Papers; Working Paper ; No. 2012/161
On-line přístup:Full text available on IMF