Financial development : structure and dynamics.
Tipo de material: ArtículoIdioma: Inglés ISSN:- 02586770
Bibliografía : páginas 540-541.
Financial frictions, financial development, and financial stability, 517 ; Data and estimation procedures, 521 ; FD growth patterns, 523 ; The role of policy, 533 ; Final thoughts, 537
This paper analyzes the process of f inancial development over the last three to four decades from the perspective of the fundamental frictions (agency and collective) to which economic agents where exposed.
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