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...
| मुख्य लेखक: | |
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| अन्य लेखक: | |
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
1998.
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| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 1998/062 |
| ऑनलाइन पहुंच: | Full text available on IMF |