ECONOMIC FREEDOM AND FINANCIAL DEVELOPMENT: INTERNATIONAL EVIDENCE.

The article focuses on the relationship between financial development and economic growth and the institutional sources of economic growth. The author explores the question as to whether economic freedom leads to more financial development. The author discusses the different indicators of financial...

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Publicado en:CATO Journal Vol. 33; no. 1; pp. 111 - 127
Autor principal: Hafer, R. W.
Formato: Artículo
Publicado: Cato Institute Winter2013
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: ECONOMIC FREEDOM AND FINANCIAL DEVELOPMENT: INTERNATIONAL EVIDENCE.
      aug:
        au: Hafer, R. W.
        affil: Distinguished Research Professor of Economics and Finance at Southern Illinois University Edwardsville
      su:
        Economic development research
        Economic expansion
        Economic liberty
        Finance
        Financial economics
        Economic research
      sug:
        subj:
          Economic development research
          Economic expansion
          Research and Development in the Social Sciences and Humanities
          Economic liberty
          Finance
          Financial economics
          Economic research
      ab: The article focuses on the relationship between financial development and economic growth and the institutional sources of economic growth. The author explores the question as to whether economic freedom leads to more financial development. The author discusses the different indicators of financial intermediary development in countries, including bank assets, liquid liabilities and private credit. The author concludes that on average, countries with higher levels of initial economic freedom display greater levels of financial intermediary development.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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