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....
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Format: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2008.
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Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2008/095 |
Online Zugang: | Full text available on IMF |