Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5059558 | Economics Letters | 2013 | 4 Pages |
Abstract
Consistent with recent theoretical models, this paper finds that financial openness has a positive effect on private credit in economies characterized by a competitive banking sector, but that this effect vanishes and even becomes negative in economies with imperfect banking competition.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Ronald Fischer, Patricio Valenzuela,