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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Bibliografische gegevens
Hoofdauteur: Berkes, Enrico
Andere auteurs: Arcand, Jean-Louis, Panizza, Ugo
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2012.
Reeks:IMF Working Papers; Working Paper ; No. 2012/161
Online toegang:Full text available on IMF