Decomposing the Effects of Financial Liberalization: Crises vs. Growth
收藏NBER2006-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w12806
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资源简介：
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
提供机构：
美国国家经济研究局
创建时间：
2006-12-01
