Download the fantastic book titled Quantifying the Impact of Financial Development on Economic Development written by Jeremy Greenwood, available in its entirety in both PDF and EPUB formats for online reading. This page includes a concise summary, a preview of the book cover, and detailed information about "Quantifying the Impact of Financial Development on Economic Development", which was released on 01 October 2010. We suggest perusing the summary before initiating your download. This book is a top selection for enthusiasts of the Business & Economics genre.
Summary of Quantifying the Impact of Financial Development on Economic Development by Jeremy Greenwood PDF
How important is financial development for economic development? A costly state verification model of financial intermediation is presented to address this question. The model is calibrated to match facts about the U.S. economy, such as intermediation spreads and the firm-size distribution for the years 1974 and 2004. It is then used to study the international data, using cross-country interest-rate spreads and per-capita GDP. The analysis suggests that a country like Uganda could increase its output by 140 to 180 percent if it could adopt the world's best practice in the financial sector. Still, this amounts to only 34 to 40 percent of the gap between Uganda's potential and actual output. Charts and tables.
Detail About Quantifying the Impact of Financial Development on Economic Development PDF
- Author : Jeremy Greenwood
- Publisher : DIANE Publishing
- Genre : Business & Economics
- Total Pages : 46 pages
- ISBN : 1437933971
- Release Date : 01 October 2010
- PDF File Size : 41,6 Mb
- Language : English
- Rating : 4/5 from 21 reviews
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