¿Vale la pena tener intermediarios financieros propios? Un examen a la literatura reciente
[Does it worth having local financial intermediaries? An examination onto recent literature]
AbstractDoes a small economy benefit from having local financial intermediaries? If "yes", then what can be done to ameliorate the performance of local financial intermediaries? This article it is made a review on theoretical and empirical literature related with both questions. Two strands of the literature are explored: that which relates finance and growth and that which is devoted to "home bias". Both approaches give support to the idea of local financial intermediaries even in small economies.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 15359.
Date of creation: Jul 2000
Date of revision:
finance and growth; home bias;
Find related papers by JEL classification:
- G2 - Financial Economics - - Financial Institutions and Services
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
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