The Savings Trap and Economic Take-Off /

We develop an overlapping generations model of a developing economy in which 'culture' and technology interact to determine savings, investment and growth. Investment is assumed to involve intermediation or other costs which may, in each period, result in either of two stable equilibria fo...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Ghosh, Atish
مؤلفون آخرون: Asilis, Carlos
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 1992.
سلاسل:IMF Working Papers; Working Paper ; No. 1992/091
الوصول للمادة أونلاين:Full text available on IMF