Financial intermediary development and growth volatility : do intermediaries dampen or magnify shocks? / Thorsten Beck, Mattias Lundberg, and Giovanni Majnoni Beck, Thorsten

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Author
Beck, Thorsten
Subjects
Financial institutions - Economic aspects - Developing countries - Econometric models.; Business cycles - Economic aspects - Developing countries - Econometric models.; Banks and banking - Economic aspects - Developing countries - Econometric models.
Summary
Panel data for 63 countries in 1960-97 reveal no robust relationship between the development of financial intermediaries and the volatility of growth.
Bookmark
http://trove.nla.gov.au/work/257945
Work ID
257945

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