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

DOI10.1007/S10887-011-9070-5zbMath1239.91099OpenAlexW1971399203MaRDI QIDQ427355

Patrick A. Pintus, Raouf Boucekkine

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

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

Related Items (6)

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

Cites Work

• Unnamed Item
• Differential-difference equations
• A model of optimal growth strategy
• 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
• Dissipative approximations to neutral DDEs
• Growth accelerations

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