Banking,Liquidity,and Economic Development
スポンサーリンク
概要
- 論文の詳細を見る
This paper examines the dynamic features of the developing economy, using a framework which includes two stages of development, one with surplus labor and the other with competitive labor markets, and which incorporates a structural parameter measuring the degree of financial development. The firms in the model can face liquidity constraints on investment funds from the banking system. Some consequences of changes in structural and policy variables on the stability of development paths and on the growth of per capita income are also explored.
- 千葉大学の論文
- 1997-06-25
著者
関連論文
- Finance and Growth : Efficient Causality Tests in Error-Correction Systems for the U.S.A., the U.K., and Japan(Collected Papers on the Occasion of the Retirement of Professor Eiichi AKIMOTO)
- Finance and Growth : Causality in the Economic Development of Japan, the U.S.A., and U.K.
- Banking and Economic Growth : Causality in Cointegrated Systems for 15 Countries
- Monetary Policy, Growth, and Endogenous Money Supply
- Money and Economic Activity in Japan, 1957-1998 : A Structural VAR Approach
- Monetary Policy : A Survey of Recent Developments in Theory and Practice (2)
- Money and Economic Activity in Japan, 1946-1997
- Banking,Liquidity,and Economic Development
- A Bayesian Analysis of Credit Rationing
- 日本の在庫循環 1948-1986
- Has Economic Growth Been Led by Investment or Export? : Examination of Japanese, U.S., and U.K. Evidence