When Is Quality of Financial System a Source of Comparative Advantage?
收藏NBER2008-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w13984
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资源简介:
Does finance follow the real economy, or the other way around? This paper unites the two competing schools of thought in a general equilibrium framework. Our key result is that there are threshold effects defined by a set of deep institutional parameters (cost of financial intermediation, quality of
提供机构:
美国国家经济研究局
创建时间:
2008-05-01



