Too Much Finance is popular PDF and ePub book, written by Mr.Jean-Louis Arcand in 2012-06-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Too Much Finance can be Read Online from any device for your convenience.
Too Much Finance Book PDF Summary
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 negative effect on output growth when credit to the private sector reaches 100% of GDP. We show that our results are consistent with the "vanishing effect" of financial development and that they are not driven by output volatility, banking crises, low institutional quality, or by differences in bank regulation and supervision.
Detail Book of Too Much Finance PDF
- Author : Mr.Jean-Louis Arcand
- Release : 01 June 2012
- Publisher : International Monetary Fund
- ISBN : 9781475526103
- Genre : Business & Economics
- Total Page : 50 pages
- Language : English
- PDF File Size : 13,5 Mb
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