History's a curse: leapfrogging, growth breaks and growth reversals under international borrowing without commitment

DOI10.1007/S10887-011-9070-5MaRDI QIDQ427355zbMATHOpenAlexFDO

Authors R. Boucekkine, Patrick Pintus

Publication date 13 June 2012

Published in Journal of Economic Growth (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s10887-011-9070-5

zbMATH Keywords

growth breaksinternational borrowingleapfroggingopen economies

Mathematics Subject Classification ID

Economic dynamics (91B55) Economic growth models (91B62) Trade models (91B60)

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Cites work

• scientific article; zbMATH DE number 34443 (Why is no real title available?)
• A model of optimal growth strategy
• Differential-difference equations
• Dissipative approximations to neutral DDEs
• Growth accelerations
• On the behavior of the solutions of scalar first-order linear autonomous neutral delay differential equations
• Vintage capital and the dynamics of the AK model

Cited in

(6)

• Introduction to financial frictions and debt constraints
• Short-run pain, long-run gain: the conditional welfare gains from international financial integration
• Growth and financial liberalization under capital collateral constraints: the striking case of the stochastic AK model with CARA preferences
• Editorial: Introduction to international financial markets and banking systems crises
• International borrowing without commitment and informational lags: choice under uncertainty
• A pedagogical note on risk sharing versus instability in international financial integration: when Obstfeld meets Stiglitz

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