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...
| المؤلف الرئيسي: | |
|---|---|
| مؤلفون آخرون: | |
| التنسيق: | دورية |
| اللغة: | English |
| منشور في: |
Washington, D.C. :
International Monetary Fund,
1998.
|
| سلاسل: | IMF Working Papers; Working Paper ;
No. 1998/062 |
| الوصول للمادة أونلاين: | Full text available on IMF |