Skill Acquisition, Credit Constraints, and Trade

This paper looks at the effect of credit constraints on skill acquisition when agents have heterogeneous abilities and wealth. We use a two factor general equilibrium model and assume credit markets are absent. We explore the effects of trade on factor earnings as well as the evolution of the

本文探讨了当经济行为人具备异质性能力与财富禀赋时，信贷约束（credit constraints）对技能习得（skill acquisition）的影响。我们采用两要素一般均衡模型（two factor general equilibrium model），并假设不存在信贷市场（credit markets）。我们探究了贸易对要素收入的影响，以及……的演化。