Series: IMF Working Papers
Author(s): Katsiaryna Svirydzenka
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 January 2016
Keywords: Financial Development, Financial Institutions and Markets, Index, markets, financial institutions, financial systems, financial markets, General, Index Numbers and Aggregation, Methodology for Collecting
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...