Financial intermediary development and growth volatility do intermediaries dampen or magnify shocks?

Panel data for 63 countries in 1960-97 reveal no robust relationship between the development of financial intermediaries and the volatility of growth

Bibliographic Details
Main Author: Beck, Thorsten
Corporate Author: World Bank Development Research Group
Other Authors: Majnoni, Giovanni, Lundberg, Mattias K. A.
Format: eBook
Language:English
Published: Washington, D.C World Bank, Development Research Group, Finance 2001
Series:Policy research working paper
Subjects:
Online Access:
Collection: World Bank E-Library Archive - Collection details see MPG.ReNa
Description
Summary:Panel data for 63 countries in 1960-97 reveal no robust relationship between the development of financial intermediaries and the volatility of growth
Item Description:"November 2001. - Includes bibliographical references (p. 30-33). - Title from title screen as viewed on Aug. 24, 2002