Multiple Equilibrium, Variability, and the Development Process /
Per capita output is more volatile in middle-income economies than in both low-income and high-income economies. We examine this pattern in a two-period overlapping generations model with two productive sectors (a developed sector and a subsistence sector) and a credit sector. In the early and matur...
| Κύριος συγγραφέας: | |
|---|---|
| Άλλοι συγγραφείς: | |
| Μορφή: | Επιστημονικό περιοδικό |
| Γλώσσα: | English |
| Έκδοση: |
Washington, D.C. :
International Monetary Fund,
1998.
|
| Σειρά: | IMF Working Papers; Working Paper ;
No. 1998/062 |
| Διαθέσιμο Online: | Full text available on IMF |