This paper analyzes a class of stochastic endogenous growth models with uninsurable idiosyncratic income risk. The model economy is populated by inΓΏnitely-lived households who own and operate their own business, work for a stock company, and participate in stock and bond markets. Households have log
β¦ LIBER β¦
Government financing in an endogenous growth model with financial market restrictions
β Scribed by Marco A. Espinosa-Vega; Chong K. Yip
- Publisher
- Springer
- Year
- 2002
- Tongue
- English
- Weight
- 173 KB
- Volume
- 20
- Category
- Article
- ISSN
- 0938-2259
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