Persistent inequality with endogenous rate of time preference
نویسندگان
چکیده
منابع مشابه
Existence, Optimality and Dynamics of Equilibria with Endogenous Time Preference
To account for the development patterns that differ considerably among economies in the long run, a variety of one-sector models that incorporate some degree of market imperfections based on technological external effects and increasing returns have been presented. This paper studies the dynamic implications of, yet another mechanism, the endogenous rate of time preference depending on the stoc...
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ژورنال
عنوان ژورنال: Indian Growth and Development Review
سال: 2008
ISSN: 1753-8254
DOI: 10.1108/17538250810903783