Inflation, Financial Developments, and Wealth Distribution /

We find that from 1995 to 2002 in China, the dispersion of wealth decreased, the moneywealth ratio increased for all wealth levels and the aggregate money-output ratio increased. We develop a two-asset dynamic general equilibrium model in which households face a portfolio adjustment cost and a borro...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Ho, Wai-Yip Alex
Kolejni autorzy: Ho, Chun-Yu
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2016.
Seria:IMF Working Papers; Working Paper ; No. 2016/132
Dostęp online:Full text available on IMF