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Author:Ranjan, P.
Title:Dynamic evolution of income distribution and credit-constrained human capital investment in open economies
Journal:Journal of International Economics
2001 : DEC, VOL. 55:2, p. 329-358
Index terms:CREDIT
HUMAN CAPITAL
INCOME DISTRIBUTION
INTERNATIONAL TRADE
OPEN ECONOMY
Language:eng
Abstract:This paper shows how the degree of credit-market imperfections affects the steady-state distributions of income and wealth, human capital investment, and the pattern of comparative advantage.
SCIMA record nr: 228801
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