G2TT
来源类型VoxEU Column
规范类型评论
Little evidence for 'too much finance'
Rachel Cho; Rodolphe Desbordes; Markus Eberhardt
发表日期2022-03-04
出版年2022
语种英语
摘要The current consensus in the literature that the finance-growth nexus is more complex than previously thought has led to concerns about ‘too much finance’. This column looks at the effects of 'too much finance' on growth and propensity for banking crisis and finds some evidence of a detrimental effect, but not for highly financially developed countries. Even for countries with intermediate levels of financial development, there do not appear to be any negative implications of ‘too much finance’ for long-term growth trajectories.
主题Development ; Financial Markets ; Financial Regulation and Banking
关键词Financial development Economic growth Financial crises Heterogeneous treatment effects
URLhttps://cepr.org/voxeu/columns/little-evidence-too-much-finance
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/556619
推荐引用方式
GB/T 7714
Rachel Cho,Rodolphe Desbordes,Markus Eberhardt. Little evidence for 'too much finance'. 2022.
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