Optimal Development Policies with Financial Frictions
收藏NBER2014-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w19994
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资源简介：
We study optimal dynamic Ramsey policies in a standard growth model with financial frictions. For developing countries with low financial wealth, the optimal policy intervention increases labor supply and lowers wages, resulting in higher entrepreneurial profits and faster wealth accumulation. This
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美国国家经济研究局创建时间：
2014-03-01
