Credit Markets with Differences in Abilities : Education, Distribution, and Growth /

This paper addresses the growth, welfare, and distributional effects of credit markets. We construct a general equilibrium model where human capital is the engine of growth and individuals differ in their education abilities. We argue that the existence of credit markets encourages specialization, b...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: De Gregorio, Jose
مؤلفون آخرون: Kim, Se-Jik
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1994.
سلاسل:IMF Working Papers; Working Paper ; No. 1994/047
الوصول للمادة أونلاين:Full text available on IMF