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Persistent link: https://www.econbiz.de/10011026285
In this note, I discuss avenues for future research stemming from Besley's [this issue] theoretical approach on the interconnections between civicness, institutions, and state‐fiscal capacity. First, I lay down some ideas on how one could extend the framework to model fragility traps that...
Persistent link: https://www.econbiz.de/10012539023
Persistent link: https://www.econbiz.de/10009216124
When do dynamic nonconvexities at the disaggregate level translate into dynamic nonconvexities at the aggregate level? The authors address this question in a framework where the production of differentiated intermediate inputs is subject to dynamic nonconvexities and show that the answer depends...
Persistent link: https://www.econbiz.de/10005332888