Collateral and Development

This paper presents a model economy with endogenous credit constraints and endogenous growth, in which agents face a trade-off between investing resources to improve the pledgeability of collateral assets and the accumulation of human capital. The model generates both growth miracles and stagnant economies

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Year of publication:	2018
Authors:	Amendola, Nicola
Other Persons:	Carbonari, Lorenzo (contributor) ; Ferraris, Leo (contributor)
Publisher:	[2018]: [S.l.] : SSRN
Subject:	Kreditsicherung \| Collateral \| Entwicklung \| Economic development

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Extent:	1 Online-Ressource (41 p)
Series:	CEIS Working Paper ; No. 424
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 11, 2017 erstellt
Other identifiers:	10.2139/ssrn.3133051 [DOI]
Classification:	G0 - Financial Economics. General ; O1 - Economic Development ; O40 - Economic Growth and Aggregate Productivity. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012926160