Transitional Growth with Increasing Inequality and Financial Deepening /
We study models that display growth with financial deepening and increasing inequality along the way to perpetual steady state growth. A benchmark model is essentially a complete markets model but with transaction costs of financial intermediation. New proofs are required and thus provided for stoch...
| Príomhchruthaitheoir: | |
|---|---|
| Formáid: | IRIS |
| Teanga: | English |
| Foilsithe / Cruthaithe: |
Washington, D.C. :
International Monetary Fund,
2001.
|
| Sraith: | IMF Working Papers; Working Paper ;
No. 2001/108 |
| Rochtain ar líne: | Full text available on IMF |