Cermeño Bazán, Rodolfo; Roa García, María; … - Centro de Investigación y Docencia Económicas (CIDE) - 2012
This paper explores the influences of financial deepening on growth and its volatility. Following a review of the … output growth but that finance has not shown a significant relationship with output volatility. In the Mexican case …, financial deepening has reduced the volatility of growth which, in turn, has induced higher output growth rates. Further, higher …