Liberalized Interest Rates in Developing Countries Revisiting the McKinnon-Shaw Model

Khan, Najib2013-08-272013-08-2720102010http://hdl.handle.net/10393/25403This paper is an empirical assessment of interest rate liberalization effects, the McKinnon-Shaw model, on economic growth through the channels of savings, investments, and factor proportional changes, in less developed countries (LCDs). The sample used fenLiberalized Interest Rates in Developing Countries Revisiting the McKinnon-Shaw Model