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¦
The Transition to Market Economies in an Endogenous Growth Model with Altruistic Agents
β Scribed by Jie Zhang
- Book ID
- 108535447
- Publisher
- John Wiley and Sons
- Year
- 1999
- Tongue
- English
- Weight
- 226 KB
- Volume
- 101
- Category
- Article
- ISSN
- 0347-0520
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