Narrow search
Showing 1 - 3 of 3
Cover Image
International factor mobility, informal interest rate and capital market imperfection: a general equilibrium analysis
Chaudhuri, Sarbajit; Gupta, Manash Ranjan - Volkswirtschaftliche Fakultät, … - 2011
This paper makes a pioneering attempt to provide a theory of determination of interest rate in the informal credit market in a small open economy in terms of a three-sector general equilibrium model. There are two informal sectors which obtain production loans from a monopolistic moneylender and...
Persistent link: https://www.econbiz.de/10009203652
Cover Image
Endogenous Capital Market Imperfection, Informal Interest Rate Determination and International Factor mobility in a General Equilibrium Model
Chaudhuri, Sarbajit; Gupta, Manash Ranjan - Volkswirtschaftliche Fakultät, … - 2013
This paper makes a pioneering attempt to provide a theory of determination of interest rate in the informal credit market in a less developed economy in terms of a three-sector static deterministic general equilibrium model. There are two informal sectors which obtain production loans from a...
Persistent link: https://www.econbiz.de/10011110539
Cover Image
Discretion, Productivity and Work Satisfaction
Bartling, Björn; Fehr, Ernst; Schmidt, Klaus M. - Volkswirtschaftliche Fakultät, … - 2012
reciprocate high wages with high effort and (iv) employers pay high wages leaving rents to their workers. In this paper we show …
Persistent link: https://www.econbiz.de/10011140988