Capital market imperfections, international credit markets, and nonconvergence

DOI10.1006/jeth.1996.2237zbMath0872.90020OpenAlexW2078918686MaRDI QIDQ1357583

Bruce D. Smith, John H. Boyd

Publication date: 10 June 1997

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://semanticscholar.org/paper/469e30b8458ce183c07b5a9891e45cb5840d4c42

zbMATH Keywords

international capital marketstwo country growth model

Mathematics Subject Classification ID

Trade models (91B60) Economic growth models (91B62)

Related Items

Financial market globalization, nonconvergence and credit cycles, Financial liberalization: poverty trap or chaos, Credit market imperfection, minimum investment requirement, and endogenous income inequality, Financial market globalization and growth with interdependent countries, International asset market, nonconvergence, and endogenous fluctuations, Volatile capital flows and financial integration: the role of moral hazard, Financial integration, entrepreneurial risk and global dynamics, Trend-reverting fluctuations in the life-cycle model, Endogenous inequality and fluctuations in a two-country model, Financial market frictions, monetary policy, and capital accumulation in a small open economy

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