LEADER 00730nam0-22002771i-450- 001 990004184640403321 005 20010115 035 $a000418464 035 $aFED01000418464 035 $a(Aleph)000418464FED01 035 $a000418464 100 $a20010115d1971----km-y0itay50------ba 101 0 $aeng 105 $ay-------001yy 200 1 $aShakespeare$eMeasure for measure$ea casebook$fedited by C. K. Stead 210 $aLondon$cMacmillan$d1971 215 $a250 p.$d19 cm 225 1 $aCasebook series 702 1$aStead,$bC. K. 801 0$aIT$bUNINA$gRICA$2UNIMARC 901 $aBK 912 $a990004184640403321 952 $aP.3 BR.C.1207$fFLFBC 959 $aFLFBC 996 $aShakespeare$9139649 997 $aUNINA LEADER 03495nam 2200625Ia 450 001 9910462221403321 005 20200520144314.0 010 $a1-4755-5037-5 010 $a1-4755-2610-5 035 $a(CKB)2670000000234713 035 $a(EBL)1606809 035 $a(SSID)ssj0000943869 035 $a(PQKBManifestationID)11612499 035 $a(PQKBTitleCode)TC0000943869 035 $a(PQKBWorkID)10977699 035 $a(PQKB)11416369 035 $a(MiAaPQ)EBC1606809 035 $a(Au-PeEL)EBL1606809 035 $a(CaPaEBR)ebr10590645 035 $a(OCoLC)796674277 035 $a(EXLCZ)992670000000234713 100 $a20111102d2012 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aToo much finance?$b[electronic resource] /$fprepared by Jean-Louis Arcand, Enrico Berkes and Ugo Panizza 210 $aWashington, D.C. $cInternational Monetary Fund$dc2012 215 $a1 online resource (51 p.) 225 0 $aIMF working paper ;$v12/161 300 $aDescription based upon print version of record. 311 $a1-4755-0466-7 311 $a1-4755-5431-1 320 $aIncludes bibliographical references. 327 $aCover; Contents; I. Introduction; II. Country-Level Data; A. Cross-Sectional Regressions; 1. Semi-parametric estimations; B. Panel Regressions; 1. Semi-parametric estimations; III. Volatility, Crises, and Heterogeneity; IV. Industry-Level Data; V. Conclusions; References; Tables; 1. Cross-Country OLS Regressions; 2. Cross-Country OLS Regressions; 3. Tests for an inverse U-shape; 4. Panel Estimations; 5. Panel Estimations; 6. Panel Estimations: 10-year Growth Episodes; 7. Volatility and Banking Crises; 8. Institutional Quality and Bank Regulation and Supervision 327 $a9. Rajan and Zingales Estimations10. Data Description and Sources; 11. Summary Statistics; Figures; 1. Marginal Effect Using Cross-Country Data; 2. Semi-Parametric Regressions; 3. Credit to the Private Sector; 4. Marginal Effect Using Panel Data; 5. Countries with Large Financial Sectors (2006); 6. Semi-Parametric Regressions using Panel Data; 7. The Marginal Effect of Credit to the Private Sector with High and Low Output Volatility; 8. The Marginal Effect of Credit to the Private Sector during Tranquil and Crisis Periods 330 $aThis paper examines whether there is a threshold above which financial development no longer has a positive effect on economic growth. We use different empirical approaches to show that there can indeed be ""too much"" finance. In particular, our results suggest that finance starts having a negative effect on output growth when credit to the private sector reaches 100% of GDP. We show that our results are consistent with the ""vanishing effect"" of financial development and that they are not driven by output volatility, banking crises, low institutional quality, or by differences in bank regul 410 0$aIMF Working Papers 606 $aFinance 606 $aEconomic development 608 $aElectronic books. 615 0$aFinance. 615 0$aEconomic development. 700 $aArcand$b Jean-Louis$0945853 701 $aBerkes$b Enrico$0945854 701 $aPanizza$b Ugo$0873343 712 02$aInternational Monetary Fund. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910462221403321 996 $aToo much finance$92136152 997 $aUNINA LEADER 00988cam a2200265 i 4500 001 991002101169707536 008 070201s2006 it b 001 0 ita d 020 $a8815110801 035 $ab13475903-39ule_inst 040 $aDip.to Studi Giuridici$bita 082 0 $a344.01 245 00$aDopo la flessibilitą, cosa? :$ble nuove politiche del lavoro /$ca cura di Luigi Mariucci 260 $aBologna :$bIl Mulino,$c2006 300 $a466 p. ;$c22 cm 440 0$aPrismi [Il mulino] 504 $aContiene bibliografia: p. 427-463 650 04$aLavoro$xDomanda e offerta$xInterventi pubblici 651 4$aItalia$xPolitica del lavoro 700 1 $aMariucci, Luigi 907 $a.b13475903$b02-04-14$c02-02-07 912 $a991002101169707536 945 $aLE027 344.01 MAR01.02$g1$i2027000158461$lle027$op$pE29.00$q-$rl$sm $t0$u2$v0$w2$x0$y.i14358785$z05-02-07 996 $aDopo la flessibilitą, cosa$966195 997 $aUNISALENTO 998 $ale027$b02-02-07$cm$da $e-$fita$git $h0$i0