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Financial Development, Financial Fragility, and Growth

The authors study the apparent contradiction between two strands of the literature on the effects of financial intermediation on economic activity. On the one hand, the empirical growth literature finds a positive effect of financial depth as measu...

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Bibliographic Details
Main Authors: Loayza, Norman, Rancière, Romain
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
ACCOUNTS
ADVERSE SELECTION
ANNUAL OBSERVATIONS
ASSET LIQUIDATION
BANK OF ENGLAND
BANK RUNS
BANKING CRISES
BANKING CRISIS
BANKING SUPERVISION
BANKS
BOOMS
CAPITAL MARKETS
CENTRAL BANK
CREDIT POLICY
CROSS-COUNTRY EXPERIENCE
CURRENCY
DIVERSIFICATION
DOMESTIC CREDIT
ECONOMETRICS
ECONOMIC ACTIVITY
ECONOMIC GROWTH
ECONOMIC STATISTICS
ECONOMICS
EMPLOYMENT
EQUILIBRIUM
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL DEEPENING
FINANCIAL DEPTH
FINANCIAL DEVELOPMENT
FINANCIAL ECONOMICS
FINANCIAL FRAGILITY
FINANCIAL INTERMEDIATION
FINANCIAL LIBERALIZATION
FINANCIAL MARKETS
FINANCIAL VOLATILITY
INCOME
INFLATION
INSURANCE
INTEREST RATES
INTERNATIONAL TRADE
INVESTMENT PROJECTS
LATIN AMERICAN
LENDING RATES
LIQUIDITY
MATURITY
METHODOLOGY
MONETARY AGGREGATES
OUTPUT
PORTFOLIOS
PRODUCTIVITY
PRODUCTIVITY GROWTH
SAVINGS
SYSTEMIC BANKING CRISES
THEORETICAL MODELS
VULNERABILITY
Online Access:http://documents.worldbank.org/curated/en/2004/10/5278725/financial-development-financial-fragility-growth
http://hdl.handle.net/10986/14233

Internet

http://documents.worldbank.org/curated/en/2004/10/5278725/financial-development-financial-fragility-growth
http://hdl.handle.net/10986/14233

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