02079cas a2200253 a 4500 AALejournalIMF013575 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484335420 1018-5941 BD-DhAAL BD-DhAAL Gole, Tom. Financial Structures and Economic Outcomes : An Empirical Analysis / Tom Gole, Tao Sun. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (29 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper investigates the potential relationships between financial structures and economic outcomes. The empirical results that withstand a battery of methods suggest that some financial intermediation structures are likely to be more closely related to positive economic outcomes than others. For instance, protective financial buffers within institutions have been associated with better economic performance, and a domestic financial system that is dominated by some types of nontraditional bank intermediation or that has a high proportion of foreign banks has in some cases been associated with adverse economic outcomes, especially during the financial crisis. The results also suggest that there may be trade-offs between beneficial effects on growth and stability of some financial structures. For example, the positive association of financial buffers with growth can diminish above a certain, relatively high, threshold-a too-safe system may limit the available funds for credit and hence growth. Mode of access: Internet Sun, Tao. IMF Working Papers; Working Paper ; No. 2013/121 Full text available on IMF http://elibrary.imf.org/view/journals/001/2013/121/001.2013.issue-121-en.xml IMF e-Library