search query: @author Seater, J.J. / total: 3
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| Author: | Santomero, A.M. Seater, J.J. |
| Title: | Is there an optimal size for the financial sector? |
| Journal: | Journal of Banking and Finance
2000 : JUN, VOL. 24:6, p. 945-965 |
| Index terms: | Finance Optimization Theories Models |
| Language: | eng |
| Abstract: | This paper derives the optimal size of the financial sector using a general equilibrium framework that is an extension of the paper of Holmstrom and Tirole. It is shown that the financial sector has a unique optimal size relative to the size of the economy as whole. |
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