Distinguishing constraints on financial inclusion and their impact on GDP, TFP, and the distribution of income

A general equilibrium model featuring multiple realistic sources of financial frictions is developed to study how different constraints interact in equilibrium. We highlight, distinguish, and evaluate their differential impacts and rich interactions. The economic impact of financial inclusion polici...

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Bibliographic Details
Main Author: Townsend, Robert (Author)
Other Authors: Massachusetts Institute of Technology. Department of Economics (Contributor)
Format: Article
Language:English
Published: Elsevier BV, 2021-04-26T11:37:38Z.
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