Finance, growth, and stability: Lessons from the crisis

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Beck, T. (2014)

This article introduces a special issue on lessons from the recent crisis on finance, growth, and stability. The papers in the special issue discuss (i) the benefits and risks of financial innovation and regulatory responses to these risks, (ii) the effect of finance and globalization on the real economy, and (iii) the role of government in providing credit guarantees. This introductory article provides a broader view on these issues and closes with ideas on the future research agenda in this field.
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    Allen, F., Beck, T. & Carletti, E., 2013. Structural changes in European financial systems: the impact of the regulatory framework on investment in the European Union. EIB Discussion Paper, forthcoming.

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    Barajas, A., Beck, T., Dabla-Norris, E. & Yousefi, R., 2013. Too cold? Too hot? Or just right? Assessing financial sector development across the globe. IMF Working Paper 13/81.

    Barth, J. R., Caprio Jr., G. & Levine, R., 2012. The Guardians of Finance: Making Regulators Work for Us. MIT Press.

    Beck, T., B├╝y├╝kkarabacak, B., Rioja, F.K. & Valev, N., 2012. Who gets the credit? And does it matter? Household vs. Firm Lending across Countries. B.E. Journal of Macroeconomics: Contributions 12

    Beck, T., Chen, T., Lin, C. & Song, F., 2012. Financial innovation: the bright and the dark sides. HKIMR Working Paper 05/2012.

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