Series: IMF Working Papers
Author(s): Robert Townsend , and Kenichi Ueda
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2003
Keywords: Financial deepening, inequality, growth, transitional dynamics, growth rate, equation, gdp growth, law of large numbers, gdp growth rate, Model Evaluation and Selection
We propose a coherent unified approach to the study of the linkages among economic growth, financial structure, and inequality, bringing together disparate theoretical and empirical literature. That is, we show how...