Financial development convergence

Name: Financial development convergence
Author: Bahadır, Berrak, Valev, N.

İsim	Financial development convergence
Yazar	Bahadır, Berrak, Valev, N.
Basım Tarihi:	2015-07
Basım Yeri	- Elsevier
Konu	Financial development, Convergence, Institutions
Tür	Süreli Yayın
Dil	İngilizce
Dijital	Evet
Yazma	Hayır
Kütüphane:	Özyeğin Üniversitesi
Demirbaş Numarası	0378-4266
Kayıt Numarası	5d8e6263-d04c-4f88-9a07-5fda4ddc6f91
Lokasyon	Economics
Tarih	2015-07
Örnek Metin	We show that credit levels relative to GDP and other measures for financial development tend to converge across countries over time. The results are obtained using a broad sample of countries over many years and controlling for the quality of country-level institutions, the efficiency of financial institutions, and a range of macroeconomic variables. While we find evidence for convergence in the broad sample, we show that it levels off when countries reach a medium level of financial development. At high levels of financial development, convergence slows down even more and becomes negligible.
DOI	10.1016/j.jbankfin.2015.03.001
Cilt	56

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Financial development convergence

Yazar Bahadır, Berrak, Valev, N.

Basım Tarihi 2015-07

Basım Yeri - Elsevier

Konu Financial development, Convergence, Institutions

Tür Süreli Yayın

Dil İngilizce

Dijital Evet

Yazma Hayır

Kütüphane Özyeğin Üniversitesi

Demirbaş Numarası 0378-4266

Kayıt Numarası 5d8e6263-d04c-4f88-9a07-5fda4ddc6f91

Lokasyon Economics

Tarih 2015-07

Örnek Metin We show that credit levels relative to GDP and other measures for financial development tend to converge across countries over time. The results are obtained using a broad sample of countries over many years and controlling for the quality of country-level institutions, the efficiency of financial institutions, and a range of macroeconomic variables. While we find evidence for convergence in the broad sample, we show that it levels off when countries reach a medium level of financial development. At high levels of financial development, convergence slows down even more and becomes negligible.

DOI 10.1016/j.jbankfin.2015.03.001

Cilt 56