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The impact of financial system development on business cycles volatility: cross-country evidence

โœ Scribed by Gisele Ferreira da Silva

Book ID
114130281
Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
130 KB
Volume
24
Category
Article
ISSN
0164-0704

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## Abstract We collect data on a number of financial restraints, including restrictions on deposit and lending interest rates and reserve and liquidity requirements, from central banks of six developing countries. We estimate the effects of these policies on financial development, controlling for t