Chapter 15

Financial Development and Global Imbalances

E.G. Mendoza*, and V. Quadrini,§,

*University of Maryland, College Park, MD, USA

National Bureau of Economic Research (NBER), Cambridge, MA, USA

University of Southern California, Los Angeles, CA, USA

§Centre for Economic Policy Research (CEPR), London, UK


Get Handbook of Safeguarding Global Financial Stability now with the O’Reilly learning platform.

O’Reilly members experience live online training, plus books, videos, and digital content from nearly 200 publishers.