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....
Autor principal: | |
---|---|
Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2008.
|
Colecção: | IMF Working Papers; Working Paper ;
No. 2008/095 |
Acesso em linha: | Full text available on IMF |