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Desarrollo financiero, crecimiento y volatidad: Revisión de la literatura reciente

  • Rodolfo Cermeño

    ()

    (Centro de Investigaciones y Docencias Económicas)

  • María José Roa

    ()

    (Centro de Estudios Monetarios Latinoamericamos)

La presente investigación tiene como objetivo revisar la literatura reciente, teórica y empírica, que estudia los efectos del desarrollo financiero sobre el crecimiento económico y su volatilidad. Con este estudio se pretende profundizar en el análisis de los posibles canales de interacción entre estos fenómenos económicos. La detección de dichos vínculos es clave para el desarrollo de políticas dirigidas a promover el crecimiento económico y disminuir la volatilidad. Mientras la mayor parte de los trabajos afirman que el desarrollo financiero afecta positivamente al crecimiento económico, la crisis reciente invita a repensar los vínculos complejos entre el desarrollo financiero y la volatilidad del crecimiento.

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Paper provided by Centro de Estudios Monetarios Latinoamericanos, CEMLA in its series Documentos de Investigación - Research Papers with number 9.

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Length: 42
Date of creation: Jun 2013
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Handle: RePEc:cml:docinv:9
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