Growing Up to Stability? Financial Globalization, Financial Development and Financial Crises
NBER Working Paper No. 21287
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Paper prepared for the conference “Financial Systems and Economic Growth: Conference in Honor of Richard Sylla” Stern School of Business, New York University March 27-28 2015. We thank Peter Rousseau, Gianni Toniolo, Paul Wachtel, and participants at the conference for comments. Remaining errors are attributable to the authors. Disclosure statement: No financial support was received from any entity in carrying out this research. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.