Inflation and financial depth

There is now a substantial theoretical literature arguing that inflation impedes financial deepening. Furthermore, it has been hypothesized that the relashionship is a nonlinear one, in that there is a threshold level of inflation below which inflation has a positive effect on financial depth, but a...

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Found in: Cs. Económicas
Main Author: Khan, Mohsin S.
Other Authors: Senhadji, Abdelhak S., Smith, Bruce D., 1954-2002
Format: Book
Language: English
Published: Washington, D.C. : International Monetary Fund, 2001
Series: IMF working paper ; no. WP/01/44
Subjects: