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...
| מחבר ראשי: | |
|---|---|
| פורמט: | כתב-עת |
| שפה: | English |
| יצא לאור: |
Washington, D.C. :
International Monetary Fund,
2001.
|
| סדרה: | IMF Working Papers; Working Paper ;
No. 2001/108 |
| גישה מקוונת: | Full text available on IMF |