Real and Financial Sector Linkages in China and India /
In the spirit of what is known as business cycle accounting, this paper finds that the investment wedge-the gap between household's rate of intertemporal substitution and the marginal product of capital-is large and quantitatively significant in explaining China's and India's growth....
| Autore principale: | |
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| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2008.
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| Serie: | IMF Working Papers; Working Paper ;
No. 2008/095 |
| Accesso online: | Full text available on IMF |