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- W2885878819 abstract "A two-sector dynamic general equilibrium model with financial constraints and production externalities is studied. Agents face idiosyncratic productivity shocks in each period. Agents who draw high productivity borrow resources in the financial market and become capital producers, whereas agents who draw low productivity become lenders. We analyze how the interaction between the extent of financial constraints and sector-specific production externalities affects the characterization of equilibria in a two-sector economy." @default.
- W2885878819 created "2018-08-22" @default.
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- W2885878819 date "2018-01-01" @default.
- W2885878819 modified "2023-09-25" @default.
- W2885878819 title "A Two-Sector Growth Model with Credit Market Imperfections and Production Externalities" @default.
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- W2885878819 doi "https://doi.org/10.1007/978-981-13-0605-1_5" @default.
- W2885878819 hasPublicationYear "2018" @default.
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