Decomposing the effects of financial liberalization: Crises vs. growth

DC ElementWertSprache
dc.contributor.authorRanciere, Romain
dc.contributor.authorTornell, Aaron
dc.contributor.authorWestermann, Frank
dc.date.accessioned2021-12-23T16:21:02Z-
dc.date.available2021-12-23T16:21:02Z-
dc.date.issued2006
dc.identifier.issn03784266
dc.identifier.urihttps://osnascholar.ub.uni-osnabrueck.de/handle/unios/13702-
dc.description11th Dubrovnik Economic Conference, Dubrovnik, CROATIA, JUN 29-JUL 02, 2005
dc.description.abstractWe 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 also discuss several models of financial liberalization and growth whose predictions are consistent with our empirical findings. (c) 2006 Elsevier B.V. All rights reserved.
dc.language.isoen
dc.publisherELSEVIER SCIENCE BV
dc.relation.ispartofJOURNAL OF BANKING & FINANCE
dc.subjectBusiness & Economics
dc.subjectBusiness, Finance
dc.subjectEconomics
dc.subjectfinancial crises
dc.subjectfinancial liberalization
dc.subjectgrowth
dc.subjecttreatment effects models
dc.titleDecomposing the effects of financial liberalization: Crises vs. growth
dc.typeconference paper
dc.identifier.doi10.1016/j.jbankfin.2006.05.019
dc.identifier.isiISI:000242737600007
dc.description.volume30
dc.description.issue12
dc.description.startpage3331
dc.description.endpage3348
dc.publisher.placePO BOX 211, 1000 AE AMSTERDAM, NETHERLANDS
dcterms.isPartOf.abbreviationJ. Bank Financ.
dcterms.oaStatusGreen Submitted, Green Published
crisitem.author.deptFB 09 - Wirtschaftswissenschaften-
crisitem.author.deptidfb09-
crisitem.author.parentorgUniversität Osnabrück-
crisitem.author.netidWeFr948-
Zur Kurzanzeige

Seitenaufrufe

1
Letzte Woche
0
Letzter Monat
0
geprüft am 06.06.2024

Google ScholarTM

Prüfen

Altmetric