References
- Bakas, D., G. Chortareas, and G. Magkonis. 2019. “Volatility and Growth: A Not so Straightforward Relationship.” Oxford Economic Papers 71 (4): 874–9807. doi:10.1093/oep/gpy065.
- Beck, T., A. Demirguc-Kunt, and R. Levine. 2005. “Bank concentration and fragility: Impact and mechanics,” NBER Working Paper 11500, August, available from: https://www.nber.org/system/files/working_papers/w11500/w11500.pdf last accessed 01 August, 2021
- Bekaert, G., C. R. Harvey, and C. Lundblad. 2006. “Growth Volatility and Financial Liberalization.” Journal of International Money and Finance 25: 370–403. doi:10.1016/j.jimonfin.2006.01.003.
- Brosens, T. 2020. “Can Data-based Lending Improve Financial Inclusion and Reduce Economic Volatility?” ING Economic and Financial Analysis. November 6. Accessed 21 July 2021. https://think.ing.com/articles/can-data-based-lending-improve-inclusion-and-reduce-economic-volatility
- Calderon, C. and Schmidt-Hebbel, K. 2008. Openness and growth volatility. Working Paper No.483, Central Bank of Chile, Chile. Available fromhttps://si2.bcentral.cl/public/pdf/documentos-trabajo/pdf/dtbc483.pdf,last accessed 01 August, 2021
- Cetorelli, N. and Peretto, P.F. 2000. “Oligopoly banking and capital accumulation,”Working Paper Series WP-00-12, Federal Reserve Bank of Chicago, available from:https://ideas.repec.org/cgi-bin/get_doc.pl?urn=RePEc%3Afip%3Afedhwp%3Awp-00-12&url=http%3A%2F%2Fwww.chicagofed.org%2Fdigital_assets%2Fpublications%2Fworking_papers%2F2000%2Fwp2000_12.pdflast 01 August, 2021
- Claessens, S., J. Frost, G. Turner, and F. Zhu. 2018. “Fintech Credit Markets around the World: Size, Drivers and Policy Issues.” BIS Quarterly Review. September.
- Dabla-Norris, E., and N. Srivisal 2013. “Revisiting the Link between Finance and Macroeconomic Volatility.” IMF Working Paper WP/13/29. Washington DC, USA.
- Easterly, W., R. Islam, and J. S. Stiglitz 2000. “Explaining Growth Volatility.” Working Paper 28159. World Bank.
- Financial Stability Board. 2019. “FinTech and Market Structure in Financial Services: Market Developments and Potential Financial Stability Implications.” mimeo, 14 February.
- Haddad, M., J. J. Lim, C. Pancaro, and C. Saborowski. 2013. “Trade Openness Reduces Growth Volatility When Countries are Well Diversified.” Canadian Journal of Economics 46 (2): 765–790. doi:10.1111/caje.12031.
- International Monetary Fund. 2019. “Fintech: The Experience so Far.” IMF Policy Paper. June.
- Iseringhausen, M., and H. Vierke. 2019. “What Drives Output Volatility? The Role of Demographics and Government Size Revisited.” Oxford Bulletin of Economics and Statistics 81 (4): 849–867. doi:10.1111/obes.12286.
- Kose, A., E. Prasad, and M. Terrones. 2006. “How Do Trade and Financial Integration Affect the Relationship between Growth and Volatility?” Journal of International Economics 69 (1): 176–2002. doi:10.1016/j.jinteco.2005.05.009.
- Malik, A., and J. R. W. Temple. 2009. “The Geography of Output Volatility.” Journal of Development Economics 90: 163–178. doi:10.1016/j.jdeveco.2008.10.003.
- Sahay, R., U. E. von Allmen, A. Lahreche, P. Khera, S. Ogawa, M. Bazarbash, and K. Beaton 2020. “The Promise of Fintech: Financial Inclusion in the Post COVID-19 Era.” IMF Working Paper No.20/09. Washington DC: International Monetary Fund.
- Thornton, J. 2010. “Government Size and the Stability of Output: Evidence from Emerging Market Economies.” Applied Economics Letters 17: 733–736. doi:10.1080/13504850802464117.
- Wang, P., Y. Wen, and Z. Xu. 2018. “Financial Development and Long-Run Volatility Trends.” Review of Economic Dynamics 28: 221–251. doi:10.1016/j.red.2017.08.005.