| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w12806 |
| 来源ID | Working Paper 12806 |
| Decomposing the Effects of Financial Liberalization: Crises vs. Growth | |
| Romain Ranciere; Aaron Tornell; Frank Westermann | |
| 发表日期 | 2006-12-29 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | We present a new empirical decomposition of the effects of financial liberalization on economic growth and on the incidence of crises. Our empirical estimates show that the direct effect of financial liberalization on growth by far outweighs the indirect effect via a higher propensity to crisis. We also discuss several models of financial liberalization and growth whose predictions are consistent with our empirical findings. |
| 主题 | International Economics ; International Finance ; International Macroeconomics ; Development and Growth ; Growth and Productivity |
| URL | https://www.nber.org/papers/w12806 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/570469 |
| 推荐引用方式 GB/T 7714 | Romain Ranciere,Aaron Tornell,Frank Westermann. Decomposing the Effects of Financial Liberalization: Crises vs. Growth. 2006. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w12806.pdf（775KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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