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Financial Development and Economic Growth: New Evidence
(Pontificia Universidad Católica del Perú. Fondo Editorial, 2020-04-22)
Financial systems around the world have undergone considerable development. This paper analyzes the effect of financial development on economic growth. It replicates the estimation of Beck et al. (2000), one of the pioneering ...
The Impact of Deposit Dollarization on Financial Deepening
(CENTRUM Publishing, 2012)
Banks in highly dollarized economies face risks that significantly affect their ability to perform their financial intermediation role. In these economies, dollarization plays a dual role: on one hand, it provides a hedging ...
Regional Financial Development and Micro and Small Enterprises in Peru
(Pontificia Universidad Católica del Perú. Departamento de Economía, 2024-01)
Empirical studies suggest that credit constraints prevent the development of Micro and Small Enterprises (MSEs). This study contributes to the analysis by exploring whether higher regional financial development affects the ...