Financial intermediary development and growth volatility
Subtitle: do intermediaries dampen or magnify shocks?
By: Thorsten Beck, Mattias Lundberg, and Giovanni Majnoni.
Contributors: Lundberg, Mattias K. A.; Majnoni, Giovanni.; World Bank. Development Research Group. Finance.
Series: Policy research working paper ;; 2707; Policy research working papers (Online) ;; 2707.
Publisher: World Bank, Development Research Group, Finance
Published: 2001
Place of publication: Washington, D.C
Language: eng
Format: Electronic resource
Subjects: Financial institutions -- Economic aspects -- Developing countries -- Econometric models.; Banks and banking -- Economic aspects -- Developing countries -- Econometric models.; Business cycles -- Economic aspects -- Developing countries -- Econometric models.; Economic development -- Econometric models.
Genres: Econometric models.
Description: Panel data for 63 countries in 1960-97 reveal no robust relationship between the development of financial intermediaries and the volatility of growth.
Notes: Includes bibliographical references (p. 30-33).
Title from title screen as viewed on Aug. 24, 2002.
"November 2001."
Also available in print.
Mode of access: World Wide Web.