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Credit Constraints, Political Instability, and Capital Accumulation

Credit Constraints, Political Instability, and Capital Accumulation »

Source: Credit Constraints, Political Instability, and Capital Accumulation

Volume/Issue: 2013/246

Series: IMF Working Papers

Author(s): Risto Herrala , and Rima Turk Ariss

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 December 2013

ISBN: 9781484303085

Keywords: credit constraints, political unrest, MENA countries, equity capital, real interest rate, equity ratio, capital goods, General,

We investigate the complex interactions between credit constraints, political instability, and capital accumulation using a novel approach based on Kiyotaki and Moore's (1997) theoretical framework. Drawing on a un...

Credit Constraints, Political Instability, and Capital Accumulation

Credit Constraints, Political Instability, and Capital Accumulation »

Volume/Issue: 2013/246

Series: IMF Working Papers

Author(s): Risto Herrala , and Rima Turk Ariss

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 December 2013

DOI: http://dx.doi.org/10.5089/9781484303085.001

ISBN: 9781484303085

Keywords: credit constraints, political unrest, MENA countries, equity capital, real interest rate, equity ratio, capital goods, General,

We investigate the complex interactions between credit constraints, political instability, and capital accumulation using a novel approach based on Kiyotaki and Moore's (1997) theoretical framework. Drawing on a un...