Introducing a new broad-based index of financial development /
There is a vast body of literature estimating the impact of financial development on economic growth, inequality, and economic stability. A typical empirical study approximates financial development with either one of two measures of financial depth - the ratio of private credit to GDP or stock mark...
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| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2016
[Washington, D.C] : International Monetary Fund, Strategy, Policy, and Review Department, 2016 |
| Series: | IMF Working Papers
IMF Working Papers; Working Paper ; No. 2016/005 IMF eLibrary IMF working paper ; WP/16/5 |
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